ECB's Simkus says the Bank could lower interest rates at least two more times this year ...Middle East

Bloomberg is gated, but in brief:

ECB could lower interest rates at least two more times this year, citing:

global trade weakness, largely caused by new US tariffs, is bringing a new threat to Europe’s economyinflation was declining and could slow down even further in the months aheadstill room to ease policy without generating financial instability or overheating the economy

Simkus added that more negative surprises would be needed to move lower.

This article was written by Eamonn Sheridan at www.forexlive.com.

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