European Central Bank Governing Council Stournaras: The European Central Bank's interest rate is expected to be cut to 2% by this autumn. (Greek radio station Skai)
According to the Financial Times, European Central Bank Governing Council member Stournaras believes that inflation may be on track to reach the ECB's 2% target in the first half of 2025. (Gold ten)
European Central Bank Governing Council Stournaras: Even if the central bank further cuts interest rates, policy will remain restrictive.
European Central Bank Governing Council Stournaras: Two more rate cuts this year seem reasonable. Recent data strengthen the case for further rate cuts.