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ECB Must Be Cautious After Likely June Cut, Knot Tells Nikkei

The European Central Bank should proceed with caution after a probable first reduction in interest rates in June, with quarterly data on wages likely to be key in determining further moves, according to Governing Council member Klaas Knot.


  • Apr 29 2024
  • 43
  • 12889 Views
ECB Must Be Cautious After Likely June Cut, Knot Tells Nikkei
ECB Must Be Cautious After Likely June Cut, Knot Tells Nikkei
(Bloomberg) — The European Central Bank should proceed with caution after a probable first reduction in interest rates in June, with quarterly data on wages likely to be key in determining further moves, according to Governing Council member Klaas Knot. Read More

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