Central Bank News


ECB’s Knot: Expect Rates to Be Cut to Below 3%

ECB’s Knot: Expect Rates to Be Cut to Below 3%

By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Klaas Knot said on Tuesday that the ECB would likely cut rates in the first half of 2025 below 3%.

25 September 2024
ECB Economic Bulletin: Challenges to Euro Area Competitiveness Might Persist

ECB Economic Bulletin: Challenges to Euro Area Competitiveness Might Persist

By Marta Vilar – MADRID (Econostream) – Some of the challenges facing the euro area’s external competitiveness, which have resulted in a gradual decline in its market share in global trade, might persist, according to a section of the Economic Bulletin prereleased by the European Central Bank on Monday.

23 September 2024