Both central banks are saying the same -it depends on the data- but the ECB communication is more opaque than that of the Federal Reserve, which provides interest rate projections of the FOMC members . In assessing how fast and how much the ECB might cut policy rates in this cycle, several approaches can be adopted. Based on the credibility of the ECB and plausible estimates of the neutral rate, it makes sense to use an assumption of a range between 2.00% and 2.
At the current juncture, the more relevant question in the Eurozone is how fast and how much policy rates might be cut in this cycle under the hypothesis that key economic variables -inflation, growth, wages, etc.- would evolve in line with the latest ECB staff projections. Several approaches could be adopted . The first consists of looking at the consensus forecast. The latest ECB Survey of Monetary Analysts sees the deposit rate, which is currently at 4.00%, dropping to 3.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Houston crime: Man pleads guilty to assault of federal officer after damaging federal courthouseA 37-year-old Houston resident pleaded guilty to assaulting a federal officer after damaging two downtown buildings with a metal pole, facing up to 20 years in federal prison, as announced by U.S. Attorney Alamdar S. Hamdani.
Source: FOX26Houston - 🏆 448. / 53 Read more »
Jack Teixeira will plead guilty in massive leak of documents on DiscordFederal prosecutors filed a notice with a federal judge in advance of a hearing next week.
Source: washingtonpost - 🏆 95. / 72 Read more »
The Federal Reserve will cut interest ratesThe Federal Reserve will cut interest rates in 2024.
Source: dcexaminer - 🏆 6. / 94 Read more »
Federal Reserve expected to cut rates, potentially lifting Biden's prospectsThe U.S. Federal Reserve looks on track to cut interest rates as the presidential campaign season heats up, potentially delivering President Joe Biden a boost as polls show Americans dislike his handling of the economy.
Source: KSLcom - 🏆 549. / 51 Read more »
Federal Reserve Holds Interest Rates Steady, Plans to Reduce Them LaterThe Federal Reserve announced that it would maintain interest rates but plans to reduce them later this year. Inflation increased in February, and the central bank will continue to monitor economic indicators to determine when to lower rates.
Source: FoxBusiness - 🏆 458. / 53 Read more »
Federal Reserve to Keep Interest Rates Unchanged Amid Stubborn InflationInflations fell sharply last year but progress has stalled in recent months.
Source: ABC - 🏆 471. / 51 Read more »