ECB Governing Council: supports gradual rate cut of 25 bps
ECB Governing Council member Centeno said that in order to keep inflation at 2%, the ECB may need to cut rates below the neutral rate. The neutral rate will be below 2% and the downward trend in interest rates needs to be clearly maintained. And he said he supports a gradual rate cut of 25 basis points.
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
President of the European Central Bank: Interest rates are at an appropriate level
Data: If ETH falls below $2,886, the cumulative long liquidation intensity on major CEXs will reach $1.206 billions
All three major U.S. stock indexes closed higher, with Intel rising over 10%.
Trending news
MoreCrypto prices
More
