Boris Vujčić, Governor of the Croatian National Bank and European Central Bank Governing Council member spoke in an interview Saturday, confirming what we all know - more rate cuts to ahead from the Bank.
“The direction is clear, it’s the continuation of the direction from 2024, and that is the further reduction of interest rates”He doesn't know where the terminal rate will be:“That will be determined by data, primarily the inflation rate, will it decelerate, according to our projections, and we will see the impact of the transmission of the monetary policy, and our projections.”On Trump tariffs:
At its final meeting this year the European Central Bank cut rates:
ECB cuts rates by 25 basis pointsEUR/USD closed the week well under 1.05, policy divergence expectations weighed heavily (but not exclusively).
This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about ecb s vujcic says the bank s direction is clear further reduction of interest rates was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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