European Central Bank member: All indicators point to a new interest rate cut!

Yanis Stournaras, a member of the European Central Bank, confirmed that all available economic data indicates the possibility of another interest rate cut in April, amid ongoing economic challenges facing the Eurozone.

In an interview with "Econostream," Stournaras pointed out that the market estimates a 64% probability of a rate cut, but emphasized that the final decision will depend on economic developments in the upcoming period.

Regarding the final level of interest rates, Stournaras described the expectation of rates reaching 1.50% as exaggerated, likely stabilizing at 2.00%, especially in light of financial stimulus plans in Germany, which may affect European monetary policy directions.

These statements come at a time when investors are closely monitoring the European Central Bank's direction, amid expectations of further monetary easing to support economic growth in the Eurozone in the near future.

Related News:

Bank of America sees a risk of a 10%+ drop for European stocks

European Central Bank Governor: U.S. tariffs could dampen regional growth

European Union reviews its plans against the U.S.. Delay in imposing tariffs!