• ECB’s Schnabel warns against hasty moves following likely June cut

    Source: Buzz FX / 24 May 2024 05:56:10   America/New_York

    ECB Executive Board member Isabel Schnabel indicated in an
    interview that if inflation outlook and upcoming data support a sustainable convergence towards 2% target, “a rate cut in June will be likely.”
    However, Schnabel emphasized the need
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