- ECB’s Šimkus: It is possible that there will be more than one rate cut this year
Market news
7 June 2024
ECB’s Šimkus: It is possible that there will be more than one rate cut this year
European Central Bank (ECB) Governing Council member Gediminas Šimkus said on Friday that “it is possible that there will be more than one rate cut this year.”
Additional comments
Data very clearly shows disinflation.
But the road ahead is bumpy.
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