• ECB’s Escrivá: Logical to have further rate cuts in upcoming meetings

Market news

13 December 2024

ECB’s Escrivá: Logical to have further rate cuts in upcoming meetings

European Central Bank (ECB) policymaker and Bank of Spain Governor José Luis Escrivá said on Friday that “it is logical to have further rate cuts in upcoming meetings.”

He added that “rate cuts are to continue should baseline projections hold.”

Meanwhile, ECB policymaker Robert Holzmann noted that “yesterday's decision was good.”

 

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