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ECB’s Panetta sees time to cut rates nearing on ‘rapid’ inflation drop https://t.co/8ykaOslCgw via @Alemrome https://t.co/dnIgQE74D9
ECB Governing Council member Fabio Panetta says the growth in consumer prices is easing quickly and the time to lower interest rates is approaching https://t.co/RWopmLHoOB
ECB’s Panetta Sees Time to Cut Nearing on ‘Rapid’ Inflation Drop https://t.co/r60BZg2RgK
European Central Bank (ECB) officials, including Martins Kazaks, are considering lowering borrowing costs due to easing inflation. Governing Council members Cipollone and Panetta suggest readiness to ease policy rates as risks to price stability fall and rapid disinflation continues. Panetta notes conditions for policy loosening are approaching as consumer price growth slows.
