ECB’s Escriva Says a Rate Cut Isn’t Necessarily the Next Move
NeutralFinancial Markets

José Luis Escrivá, a member of the European Central Bank's Governing Council, recently stated that there is no current inclination to cut interest rates. Instead, he indicated that policymakers might consider raising rates depending on economic conditions. This is significant as it highlights the ECB's cautious approach in navigating economic challenges, suggesting that they are weighing all options carefully.
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