Friday , 24 January 2025
Home Forex ECB’s Wunsch: The central Bank can cut interest rates before wages inflation falls to 3%
Forex

ECB’s Wunsch: The central Bank can cut interest rates before wages inflation falls to 3%

European Central Bank (ECB) Governing Council member Pierre Wunsch spoke at a news conference on the Belgian national bank’s annual report, stating that the ECB will have to make decisions soon with interest rate cuts, even while wage inflation and price rises for services remain high.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

AUD/USD sticks to gains above 0.6300, over one-month top on weaker USD

The AUD/USD pair breakout of a two-day-old consolidative trading range and climbs...

Eurozone Preliminary Manufacturing PMI improves to 46.1 in January vs. 45.3 expected

The Eurozone manufacturing sector remained in contraction while the services sector activity...

Eurozone HCOB Services PMI came in at 51.4 below forecasts (51.6) in January

Eurozone HCOB Services PMI came in at 51.4 below forecasts (51.6) in...

Eurozone HCOB Composite PMI registered at 50.2 above expectations (49.7) in January

Eurozone HCOB Composite PMI registered at 50.2 above expectations (49.7) in January