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MNI BRIEF: ECB To Cut Rates To 2% By Autumn -Stournaras

MNI (ROME) - The European Central Bank deposit rate will be at 2% by Autumn this year, Bank of Greece Governor Yannis Stournaras said in an interview with Politico published Tuesday.

It is too early for the ECB to even start debating a pause in its easing cycle. “I don’t think that our next meeting is the right moment to discuss pausing," he said.

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MNI (ROME) - The European Central Bank deposit rate will be at 2% by Autumn this year, Bank of Greece Governor Yannis Stournaras said in an interview with Politico published Tuesday.

It is too early for the ECB to even start debating a pause in its easing cycle. “I don’t think that our next meeting is the right moment to discuss pausing," he said.

Keep reading...Show less