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2024-04-04T11:58:49.208Z
Highlights: ECB, 'the date for a rate cut becomes 'visible' - News.com.au. Minutes of the ECB Governing Council of 6-7 March. governors had "consensus that it would be premature to discuss a rate cuts on this occasion" In fact, "patience and caution are still needed" regarding the decline in inflation. Reproduction of this article requires the permission of ANSA to use it in its entirety. For more information, visit the ECB’s website.
“The date for a first rate cut is starting to become more clearly visible” and “the arguments in favor of a cut are strengthening.” (HANDLE)
“The date for a first rate cut is starting to become more clearly visible” and “the arguments in favor of a cut are strengthening.”
We can read this in the minutes of the ECB Governing Council of 6-7 March, which however adds that on that date the governors had "consensus that it would be premature to discuss a rate cut on this occasion".
In fact, "patience and caution are still needed" regarding the decline in inflation.
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