Exclusive: ECB’s Wunsch: A Second Cut in July Would Lead to Repricing That Might Go Too Far
By David Barwick – WASHINGTON (Econostream) – Were the European Central Bank to cut interest rates in both June and July, financial markets would tend to anticipate a relatively fast pace of further monetary policy easing, potentially leading to another bout of unjustified exuberance, according to ECB Governing Council member Pierre Wunsch.
29 April 2024