Wednesday, April 17, 2024

HomeEconomySome ECB policymakers float back-to-back June, July cuts

Some ECB policymakers float back-to-back June, July cuts

Economy

Reuters exclusively reported that European Central Bank policymakers overwhelmingly back June for a first interest rate cut and some have informally floated the idea of a further move in July to win over a small group that would prefer an earlier start.

Market Impact

Financial markets now expect four ECB interest rate cuts this year, starting in June, implying cuts at all except one meeting between June and December.

Article Tags

Topics of Interest: Economy

Type: Reuters Best

Sectors: Economy & Policy

Regions: Europe

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Important Regional Story


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