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: 2025.01.17
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ECB's Stournaras: Policy should continue with a series of rate cuts at the next meetings
World FX news
Breaking news
ECB's Stournaras: Policy should continue with a series of rate cuts at the next meetings
New
2025.01.17 16:27
2025.01.17 16:27
2025.01.17 16:27
European Central Bank (ECB) Governing Council member Yannis Stournaras said on Thursday that "policy should continue with a series of rate cuts at the next meetings."
Additional quotes
Our moves should be gradual and cautious based on the available data.
Larger rate cuts should not be ruled out if incoming data warrants it to be the case.
Latest forecasts show inflation reaching 2% target in a sustainable manner from Q2 2025.
Market reaction
At the time of writing, EUR/USD is testing intraday lows near 1.0280, down 0.21% on the day.
Last updated
: 2025.01.17
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USD/CAD trades subduedly above 1.4400 despite US Dollar slides after US data
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