ECB Governing Council's Stournaras: ECB rates expected to fall to 2% by this fall
“The ECB's benchmark interest rate should fall to around 2% by around the fall of 2025,” ECB Governing Council member Stournaras, the governor of the Bank of Greece, told Greek radio station Skai, according to a transcript published by the Bank of Greece on Thursday. He said the forecast would still be subject to “unforeseen circumstances,” citing risk factors in Europe and the United States. Economists and investors believe the region's economy is struggling as inflation stabilizes at its 2 percent target and the ECB cuts rates at every meeting until mid-2025.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The White House is reviewing the proposed crypto asset reporting framework
Investment bank TD Cowen: SEC to enter a critical regulatory period, Chairman Atkins will lead crypto rulemaking
Bloomberg ETF analyst: Grayscale may launch its first Dogecoin ETF
Data: BitMine currently holds approximately 3.56 million ETH, with an unrealized loss of $2.98 billion.