ECB’s Cipollone: Rate cuts are coherent with declining inflation picture
|European Central Bank (ECB) executive board member Piero Cipollone said on Thursday, “rate cuts are coherent with declining inflation picture.”
Additional quotes
Inflation is almost reaching the target.
Economic fundamentals not significantly different from December projections.
No recession seen, soft landing is still the main scenario.
US tariffs on China could force Beijing to dump goods on Europe.
That could weigh on growth, inflation.
Market reaction
EUR/USD was last seen trading at 1.0386, down 0.15% on the day.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.