[ccpw id="5"]

Home.forex news reportFurther gradual rate cuts will be appropriate if baseline projections hold -...

Further gradual rate cuts will be appropriate if baseline projections hold – ECB accounts

-


  • Members were increasingly confident that inflation would return to target in 1H 2025
  • A gradual dialing back of policy restrictiveness would be appropriate if baseline projection for inflation is confirmed over the next few months and quarters
  • There are still many upside and downside risks to inflation outlook, so should not let its guard down in the final stretch of the disinflation process
  • A cautious approach is still warranted amid prevailing uncertainties and the existence of a number of factors that could hamper progress on inflation developments
  • Some members noted a case could be made for a 50 bps rate cut (for December) and would have favoured more consideration on such a possibility
  • Full accounts

This article was written by Justin Low at www.forexlive.com.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Bybit Becomes First to List Avalon Token (AVL) with Up to 50% APR Rewards

BitMart's Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart's...

3 Steps to Take When Pressing Your Forex Trades

One of the more useful skills in forex trading is knowing when to press your advantage. This may be in the form of increasing reward-to-risk...

Target Walmart DEI decisions could hurt Black founders

Brown Girl Jane's sales have more than doubled since the brand got picked up by Sephora last year. The beauty retailer took the 15...

Why Bilt’s CEO Wants You To Pay Your Mortgage With a Credit Card

Bilt Rewards founder and CEO Ankur Jain took inspiration from American Express’s rewards programs when his company began offering people loyalty points for paying...

Follow us

0FansLike
0FollowersFollow
0SubscribersSubscribe

Most Popular

spot_img