ECB’s Stournaras Sees One More Euro Zone Rate Cut in June, Then a Pause, Greek Media Reports

ECB’s Stournaras sees one more euro zone rate cut in June, then a pause, Greek media reports

ATHENS (Reuters) -The European Central Bank is expected to cut euro zone interest rates one more time in June and then pause, policymaker Yannis Stournaras said in comments published on a Greek news outlet’s website on Friday. The European Central Bank cut interest rates for the seventh time in a year last month and warned that economic growth will take a big hit from U.S. tariffs, bolstering bets for even more policy easing in the months ahead.…

The ECB will continue to follow a meeting-by-meeting, data-driven approach, the two central bankers say.

ECB expected to cut rates in June then pause, say central bank chiefs

The European Central Bank is expected to implement one more interest rate cut in June before pausing further reductions, Bank of Greece Governor Yannis Stournaras and Finnish central bank chief Olli Rehn have told Kathimerini.

Geopolitical tensions and trade wars are creating extraordinary economic uncertainty

Signals become clearer The post interest rates: Another reduction, then pause according to ECB member appeared first on financial marketwelt.de.

ECB’s Rehn and Stournaras back June rate cut - Action Forex

ECB Governing Council members Olli Rehn and Yannis Stournaras signaled support for a rate cut in June, provided that incoming data confirms the current trend of stabilizing inflation and moderate growth. Rehn stressed the importance of maintaining a data-dependent approach amid a backdrop of “pervasive uncertainty” stemming from geopolitical tensions and global trade conflicts. Speaking […] The post ECB’s Rehn and Stournaras back June rate cut a…