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ECB's Kazimir: Gradual, step-by-step approach through 25 bps rate cuts is most prudent strategy

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ECB's Kazimir: Gradual, step-by-step approach through 25 bps rate cuts is most prudent strategy

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New update 2024.12.16 18:09
ECB's Kazimir: Gradual, step-by-step approach through 25 bps rate cuts is most prudent strategy

update 2024.12.16 18:09

European Central Bank (ECB) policymaker Peter Kazimir said on Monday, "gradual, step-by-step approach through 25 basis points (bps) rate cuts is the most prudent strategy."

Additional quotes

More aggressive monetary easing would require a dramatic shift in conditions.

Europe's economic malaise is largely structural, demands solutions beyond the remit of monetary policy.


Date

Created

 : 2024.12.16

Update

Last updated

 : 2024.12.16

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