Wednesday, 09 October, 2024
Archr News Update
ECB’s Stournaras (FT): Backs two more 25bps rate cuts this year starting next week and another in Dec; likely to be case for further easing in 2025; inflation is falling faster than Sep f/c, perhaps we get to 2% in Q1 ’25; if infla continues the downward path towards the 2 per cent target, why not cut in every meeting?