Gold Ten Data, June 26th news, ECB committee member Lane stated that investors' expectations of ECB cutting interest rates twice this year and lowering them to 2.25% next year are reasonable. He said that although it is necessary to ensure that inflation returns to the level of 2%, economic activities should not be excessively suppressed. Lane said: 'If you look at the market data, this means that there will be two more interest rate cuts, so the interest rate will reach 3.25% by the end of this year, and the final interest rate will be around 2.25% or 2.50%. In my opinion, these are reasonable expectations.' Investors believe that there is still 44 basis points of interest rate cut space this year, which means that there is a possibility of a second 25 basis points interest rate cut, and the probability of another interest rate cut is about 75%. The next interest rate cut may be in September, and the interest rate cut has been fully priced in by October. Unlike some of his colleagues, Lane prefers to make decisions on interest rates at every meeting, rather than on quarterly meetings with attached economic forecasts.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Avrupa Merkez Bankası Yönetim Kurulu Üyesi Lane: Bu yıl faizleri iki kez daha düşürme beklentisi makul.
Gold Ten Data, June 26th news, ECB committee member Lane stated that investors' expectations of ECB cutting interest rates twice this year and lowering them to 2.25% next year are reasonable. He said that although it is necessary to ensure that inflation returns to the level of 2%, economic activities should not be excessively suppressed. Lane said: 'If you look at the market data, this means that there will be two more interest rate cuts, so the interest rate will reach 3.25% by the end of this year, and the final interest rate will be around 2.25% or 2.50%. In my opinion, these are reasonable expectations.' Investors believe that there is still 44 basis points of interest rate cut space this year, which means that there is a possibility of a second 25 basis points interest rate cut, and the probability of another interest rate cut is about 75%. The next interest rate cut may be in September, and the interest rate cut has been fully priced in by October. Unlike some of his colleagues, Lane prefers to make decisions on interest rates at every meeting, rather than on quarterly meetings with attached economic forecasts.