Stournaras: New interest rates cut from the ECB in June is coming

Further reduction of its interest rates ECB In June, the members of the Central Bank Board of Directors are foreseen, Giannis Stournaras And Olli Rehn.

“I think we will reduce interest rates once again in June and then I see a pause,” Stournaras told Kathimerini. According to a Bloomberg report, the head of the Bank of Greece said the ECB would continue to follow an approach based on each meeting and on the data.

“We apply the dependence on the data. Thus, if incoming data and macroeconomic analysis confirm the current prospects for stabilizing inflation and somewhat sluggish development, the appropriate reaction in June would be to continue monetary relaxation and reduce interest rates, “Renan said.

After June, “let’s stay on the road to decision -making and decision -making at each meeting, especially as we are under the clouds of extensive uncertainty due to geopolitical and commercial wars,” said the head of the central bank of Finland.

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