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ECB Governing Council: It is not ruled out that interest rates will be cut again in July
The ECB Governing Council said that the ECB has “plenty of room” to relax interest rates, thus making it move towards a neutral level of 2%-2.5%.
ECB's Lane: Overall Wage Pressures Have Moderated Since 2023
The breadth of the domestic inflation dynamic is narrowing.
Pound Sterling Capitalizes on Soft US Dollar and Uncertainty Over BoE Rate Cuts
The Pound Sterling moves higher as the US Dollar drops even though Fed rate-cut bets ease.
German Ifo Business Sentiment Index Idles as Services Sector Falters
Sentiment among German companies stagnated in May, with a setback in the services sector, the Ifo Institute reported on Monday.
EUR/GBP Holds Its Position Above 0.8500 Despite the Dovish ECB
EUR/GBP experienced challenges as ECB officials suggested an interest rate cut in June.
ECB's Rehn: Time Is Ripe in June to Ease the Monetary Policy Stance
European Central Bank (ECB) policymaker Olli Rehn spoke about the timings of the central bank’s interest rate cut on Monday.