The European Central Bank (ECB) policymaker Pablo Hernandez de Cos said on Sunday that the central bank could begin cutting interest rates in June after an easing in eurozone inflation, per Reuters, Key quotes 'If our macroeconomic forecasts are met in the coming months, it is normal that we will start cutting rates soon and June could be a good...
The European Central Bank policymaker Pablo Hernandez de Cos said on Sunday that the central bank could begin cutting interest rates in June after an easing in eurozone inflation, per Reuters, Key quotes If our macroeconomic forecasts are met in the coming months, it is normal that we will start cutting rates soon and June could be a good date to start.” The current degree of consensus is very high and I hope this will continue to be the case.
The ECB Governing Council makes monetary policy decisions at meetings held eight times a year. Decisions are made by heads of the Eurozone national banks and six permanent members, including the President of the ECB, Christine Lagarde. What is Quantitative Easing and how does it affect the Euro? In extreme situations, the European Central Bank can enact a policy tool called Quantitative Easing.
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