March 08, 2024 BY Simon Mugo

ECB Policymakers Rally Behind a Potential Rate Cut in Future

Although their opinions regarding when to initiate the rate cut varied slightly, the consensus leaned towards action before the summer. Joachim Nagel, President of the Bundesbank, indicated in an interview with the German podcast Table Today that a rate cut before the summer holidays is becoming increasingly probable. Nagel's stance is particularly noteworthy since the…

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