Analysts: Eurozone data points to an April rate cut "Summer" may come early

2024-01-26 02:13:05

Sina Financial News Seema Shah, an analyst at Principal Asset Management, said that the Central Bank reiterated that future rate cuts will depend on data, but the data they focus on point to a rate cut in the next few months, possibly in April. “There are downside risks to economic growth, underlying inflation is still on a downward trend, and wage growth is declining,” Shah said. European Central Bank President Lagarde stuck to her previous remarks that Intrerest Rate could fall in the summer, but her other narratives favor an earlier rate cut. "This year’s ‘summer’ may come early. ”

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