ECBs Stournaras: A 25 foundation level lower by the top of the yr is cheap
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ECBs Stournaras:
- A 25 foundation level lower by the ECB by the top of the yr is cheap
- Trump tariffs may result in recession within the medium-term
In different ECB commentary, ECBs Lane can also be speaking and says:
- if policymakers had had excellent foresight concerning the shocks that had been about to hitthe financial system, rates of interest would have been raised earlier and extra sharply
I assume he speaks concerning the charge rise interval after Covid – not present coverage path.
This text was written by Emma Wang at www.ubaidahsan.com.
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