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The European Central Bank (ECB) is considering rate cuts and monetary policy decisions. Chief economist Philip Lane emphasizes the need for caution and time to assess economic progress. Policymakers aim to monitor inflation and labor market data before taking action. Discussions on interest rate reductions and easing monetary policy are ongoing within the ECB council.
The European Central Bank should be able to make a decision on interest rates in June, according to Governing Council member Gabriel Makhlouf, cautioning against hasty decisions https://t.co/ibC6dqhAhf
ECB’s Makhlouf Says His Current View Is That Picture Should Be ‘Sufficiently Clearer In June’ To Provide ‘Sufficient Confidence’ To Make MonPol Less Restrictive
⚠️A new ECB story just out from @EconoStream, based on a Reinesch blog post on Thursday that may have been missed by other agencies. The gist of the story is: ECB’s Reinesch: If Data Confirm Forecasts, There’s Grounds to Expect First Rate Cut at End of 2Q - Reinesch: ECB now… https://t.co/K2nYjuZsTP
