ECB’s Simkus anticipates three rate cuts this year, possibly four

ECB Governing Council member Gediminas Simkus forecasted three 25bps rate cuts for this year, with a potential for a fourth. “I see a higher than 50% chance there will be more than three cuts this year,” he told reporters. Simkus also highlighted that the ECB might not stop at just one rate cut in June, […]

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