News list for " Governing Council Card"
In a televised interview with Latvia's public broadcaster on Monday, Mr. Kazakis, the ECB's governor, said the central bank should cut interest rates next month. "Of course there will be discussions, but I firmly believe that the current situation in the European economy requires another rate cut in December," he said. The ECB has cut interest rates three times and is expected to cut rates again next month. On Friday, PMI data showed an unexpected contraction in the eurozone's private sector eco...
ECB Governing Council Member Khazaks: Economic issues are the single biggest concern.
The European Central Bank's governing body, Kazakis, said it expected the ECB to continue to cut interest rates by the same amount.
The European Central Bank's governing council member, Cazax, said that the ECB's forecast assumes two more interest rate cuts this year, and there is no reason not to continue this plan at present. The inflation trend in the euro zone is in line with the expectation of further gradual interest rate cuts.
ECB Governing Council Member Khazaks: We are very open to discussing a September interest rate cut, and a gradual rate cut would be the best option.
ECB Governing Council Member Khazaks: Even if inflation remains stable, interest rate cuts are still possible.
The European Central Bank's governing council, Kazax, said that it is very open to discussing a September interest rate cut; a gradual interest rate cut would be the best option; even if inflation is sideways, there is a possibility of interest rate cuts; we are very clearly on the road to lower interest rates.
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