Stournaras

ECB's Stournaras Signals Potential for Aggressive Rate Cuts Amid Tariff Concerns

24 days ago

The European Central Bank (ECB) faced renewed scrutiny as board member Yannis Stournaras pointed out that increasing tariffs could result in significant economic pressures, potentially prompting the institution to consider aggressive interest rate cuts. This assertion came in the wake of rising tensions surrounding global trade policies, which have created an uncertain environment for the eurozone economy.

ECB's Stournaras Advocates for Continued Rate Cuts at Every Meeting Until Inflation Hits 2%

1 month ago

In a significant commentary on European monetary policy, ECB Governing Council member Yannis Stournaras has urged the European Central Bank (ECB) to adopt a strategy of reducing interest rates at each upcoming meeting until inflation levels stabilize at approximately 2%. This call for a sustained approach to rate cuts reflects growing concerns about the economic environment across the Eurozone.

ECB Rate Cut: A Solid Prediction for December Break as Stournaras Weighs In

1 month ago

The European Central Bank (ECB) is poised for a decisive quarter-point interest rate cut in December, according to comments made by Bank of Greece Governor Yannis Stournaras. This anticipated reduction comes at a time when inflation continues to cool down in the Eurozone, leading many economists to consider the prospect of a more accommodating monetary stance.

ECB Official Warns: US Tariffs Could Harm EU Economy

2 months ago

The European Central Bank (ECB) has issued a stark warning regarding the potential economic ramifications that newly proposed tariffs by the United States could have on the European Union. Stournaras, a prominent ECB governing council member, expressed concerns that these tariffs, if implemented, might severely disrupt trade relations and negatively impact the EU’s economic stability.