ECB’s Stournaras advocates two rate cuts by summer break, four throughout the year

ECB Governing Council member Yannis Stournara, a known dove, proposed two rate reductions “before the summer break” and a total of four throughout the year. This strategy, he argues, is essential to ensure that ECB’s monetary policy “does not become too restrictive” in the face of current economic challenges. In an interview, Stournaras emphasizes the […]

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