July 03, 2024 at 05:45PM
ECBs Stournaras is saying:
Two more rate cuts this year it seems reasonable
Recent data strengthens the case for more cuts a little
Rates will still be restrictive, after two more cuts
Service inflation shouldn’t be over-interpreted
A bit more dovish than others.
This article was written by Greg Michalowski at www.forexlive.com.
ECBs Stournaras: Two more rate cuts in 2024 seems reasonable