ECB Governing Council member Peter Kazimir suggested today that “we could expect one more interest-rate cut this year.” He underscored his continued concern over the “significant risk of rising inflation,” driven primarily by wage growth. Kazimir reiterated his opposition to an interest-rate adjustment at upcoming July meeting. Instead, he advocated for policymakers to wait until […]

The post ECB’s Kazimir anticipates single additional rate cut in 2024 appeared first on Action Forex.