Euro Against Consumer Rates: Kazaks’ Opinion on Possible ECB Rate Cuts

In a recent interview, Mr. Kazaks, a member of the European Central Bank (ECB) Governing Council, stated that current economic conditions might present an opportunity for a cut in interest rates at the next ECB meeting. He noted that the deteriorating macroeconomic situation and signs of slowing inflation create a space for a change in monetary policy towards easing.

Continue reading