ECB’s Simkus Hints at Continued Interest Rate Cuts Beyond March
4 months ago
In a significant statement from within the European Central Bank (ECB), Board Member Gediminas Simkus has indicated that the central bank may contemplate further interest rate reductions beyond March 2025. This revelation comes amid ongoing economic challenges and shifting financial landscapes across the Eurozone.
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ECB's Simkus Signals Lower Interest Rates Ahead: What It Means for the Eurozone
8 months ago
In a significant development for the European financial landscape, Gediminas Simkus, a key member of the European Central Bank (ECB) Governing Council, has expressed a clear intention regarding future monetary policy adjustments. Speaking at a recent event, Simkus indicated that it is evident the ECB will lower interest rates further in response to the evolving economic conditions within the Eurozone.
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