Stay updated with breaking news from Nterestrate. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The European Central Bank (ECB) governing council member Klaas Knot said on Sunday that the ECB will need to see proof of slowing wage growth in the eurozone before interest rates can be lowered.
European Central Bank (ECB) policymaker Mario Centeno said on Monday that the central bank “should start cutting rates sooner rather than later, but avoid abrupt moves.” Additional quotes Inflation is decreasing in a sustained manner.
European Central Bank (ECB) Governing Council member Peter Kazimir said on Monday, “a rate cut in June is more probable than April but the exact timing is secondary to the decision's impact.” Additional quotes The next move will be a rate cut and it is within our reach.
European Central Bank (ECB) Vice President Luis de Guindos said that the “ECB will cut interest rates when we are sure that inflation meets our 2% goal.” Additional takeaways We have seen good news on inflation recently and sooner or later this will be reflected in our monetary policy.
What ultimately matters more for the Gold market is when and how much the US Fed cuts interest rates, strategists at Commerzbank say.