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ECB June Rate Cut ‘Most Likely’ If Outlook Holds, Elderson Says (www.bloomberg.com)

submitted 1 year ago* (last edited 1 year ago) by HowRu68@lemmy.world to c/europe@feddit.de

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The European Central Bank will “most likely” lower borrowing costs when it meets in June — should the outlook for consumer prices be confirmed by fresh quarterly forecasts, Executive Board member Frank Elderson said.

“This is a projection meeting so we will look at projections,” he told Bloomberg in Rome on Friday. “If these projections were to solidify the confidence levels that we see today, I think that we will most likely take a step.”

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[–] HowRu68@lemmy.world 3 points 1 year ago* (last edited 1 year ago)

Trying to upload another link. But it got hung up. "Are you a bot" message is annoying me^^