(Finance) – “Based on the data, we now consider three interest rate cuts in 2024 as the most likely scenario“. He stated it Yannis Stournarasgovernor of the Central Bank of Greece and member of the Governing Council of the European Central Bank (ECB), during an interview with Liberal.gr.
“If this pace of economic growth continues, consumer price growth is likely to be slightly higher than our March forecast, but without jeopardizing the 2% target in mid-2025,” he added.
According to Stournaras, a second cut in July after the first in June it is “possible” and that the options remain open after the summer.
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