ECB’s Stournaras: Another rate cut dependent on economy weakening further ATHENS (Reuters) -If the European economy weakens further then the European Central Bank might cut interest rates again, policymaker Yannis Stournaras told Bloomberg TV in an interview on Friday, adding that "this is not expected". The ECB cut rates for the seventh time in a row on Thursday to prop up a euro zone economy that was struggling even before erratic U.S. economic and trade policies dealt it further blows. "If the economy weakens more, if inflation falls in the medium-term sustainably below 2% then we might cut, but this is not expected," said Stournaras. Most ECB policymakers back keeping interest rates, now at 2%, on hold at their next gathering in July, or possibly longer, depending in part on the prospects for trade with the United States, sources told Reuters. Stournaras said that the best thing for now is a wait-and-see stance. "We are keeping options open, meeting by meeting, data dependent," he said.

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ECB’s Stournaras sees one more euro zone rate cut in June, then a pause, Greek media reports ATHENS (Reuters) -The European Central Bank is expected to cut euro zone interest rates one more time in June and then pause, policymaker Yannis Stournaras said in comments published on a Greek news outlet’s website on Friday. The European Central Bank cut interest rates for the seventh time in a year last month and warned that economic growth will take a big hit from U.S. tariffs, bolstering bets for even more policy easing in the months ahead. "I believe we will reduce interest rates one more time in June and then I see a pause," Greece’s central banker Stournaras was quoted as saying to Kathimerini. Echoing his view, Finnish central bank chief Olli Rehn also told Kathimerini: "We are applying data-driven thinking. So, if incoming data and macroeconomic analysis confirm the current outlook for stabilizing inflation and somewhat subdued growth, the appropriate response in June would be to continue monetary easing and lower interest rates." "Beyond June, let’s stay on the path of data-driven decision-making at every meeting, especially as we find ourselves under the clouds of pervasive uncertainty due to geopolitics and trade wars," Rehn added.

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Everything points towards ECB rate cut in April, Stournaras says © Reuters. EUR/USD -0.18% FRANKFURT (Reuters) - A European Central Bank rate cut in April is increasingly likely since inflation is slowing, wage growth is moderating and service price pressures are easing, Greek central bank chief Yannis Stournaras said. "Everything points in the direction of a cut in April," Stournaras, one of the longest serving members of the ECB’s Governing Council, told media outlet Econostream. "But this is not April. It is still March. We have one month to go, so I cannot tell you that we’re going to cut ... If it was today, I would be more certain that we’re going to have a cut." 0 Latest comments

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Ο #Stournaras έλαβε φάκελο με σημείωμα και σφαίρα. Το φακελάκι αλλάζει νόημα.