Can cut rates in June given persistent fall in inflation – Crypto News – Crypto News
Connect with us
As policy tightens further, pace of hikes likely to slow As policy tightens further, pace of hikes likely to slow

others

Can cut rates in June given persistent fall in inflation – Crypto News

Published

2 years ago

on

European Central Bank policymaker Peter Kazimir said on Monday that the ECB can gradually relax restriction by lowering the key rates in June, given the persistent fall in inflation.

Kazimir added that the ECB is not committed to any policy path beyond June, noting that they must maintain flexibility.

Market reaction

These comments failed to influence the Euro’s valuation against its major rivals in a noticeable way. At the time of press, the EUR/USD pair was trading at 1.0658, where it was up 0.15% on a daily basis.

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published.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

Trending