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Published 19:14 IST, May 6th 2024

ECB eyes interest rate cuts as euro zone inflation slows

ECB's Chief Economist, emphasised optimism regarding April's inflation estimate and Q1 GDP, suggesting a timely return to target.

Reported by: Business Desk
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Euro Zone: The ECB is anticipated to lead the charge in rate reductions next year as economic prospects dim. It kept its deposit rate stable at 4 per cent.
ECB eyes interest rate cuts as euro zone inflation slows | Image: Pexels
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19:14 IST, May 6th 2024