ECB Governing Council member Simkus: probability of an October rate cut is quite small, but there are many reasons in favour of a September cut
ECB Governing Council member Simkus said that the probability of a rate cut in October is quite small, but there are many compelling reasons to support the ECB's rate cut in September; there is a very clear trend towards a fall in inflation; economic growth is showing structural weakness; and economic risks are skewed to the downside.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: Multiple tokens experience a surge followed by a pullback, EGLD hits a new weekly low
Analysis: Ethereum has held its support level, Bitcoin is expected to rebound to $100,000
An Ethereum OG address deposited 18,000 $ETH worth $54.78 million to an exchange.
Trending news
MoreCrypto prices
More
