ECB Seen Cutting Faster to Release Economic Shackles Next Year --[Reported by Umva mag]

The European Central Bank will speed up interest-rate cuts over the months ahead to bolster the economy — taking borrowing costs to levels that no longer restrict demand by the end of 2025, according to a Bloomberg survey.

Oct 11, 2024 - 04:59

ECB Seen Cutting Faster to Release Economic Shackles Next Year --[Reported by Umva mag]

(Bloomberg) — The European Central Bank will speed up interest-rate cuts over the months ahead to bolster the economy — taking borrowing costs to levels that no longer restrict demand by the end of 2025, according to a Bloomberg survey. Read More

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