He's clearly a dove with such a strong focus on the risk of undershooting the target. ECB speakers have been citing Euro's appreciation much more frequently recently with de Guindos kind of drawing a line in the sand at $1.20.
All else being equal (and it rarely stays like that), if the euro continues to surge and goes beyond 1.20, we could see ECB speakers considering more than one rate cut, especially if inflation falls below target for an extended period of time.
Read More Details
Finally We wish PressBee provided you with enough information of ( More from ECB's Rehn: Euro appreciation helped ECB reach 2% inflation target )
Also on site :
- Miley Cyrus, Josh Groban, Shaq & More Getting Stars on Hollywood Walk of Fame: Full 2025-26 List
- Audrey and Maggie McGraw Team Up for ‘Absolutely Incredible’ Classic Rock Cover
- My Chemical Romance guitarist Ray Toro lists Sherman Oaks home for $2.8M