| Delayed 05:28:07 2024-05-31 pm EDT | 5-day change | 1st Jan Change | ||
| 0.6132 EUR | +0.20% |
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+0.46% | -0.60% |
| May. 26 | ECB's Cipollone says recent data backs easing | RE |
| May. 25 | ECB's Panetta says consensus growing on need for rate cut | RE |
NICOSIA (Reuters) - The European Central Bank is confident that inflation is coming back to its 2% target and that its next move will be cutting interest rates, policymaker Pablo Hernandez de Cos said on Tuesday.
"It is already very important for European citizens to know that we are confident the next move will be a cut," the Spanish central bank governor told an event in Cyprus. "I think it's also wise not to be precise (on the timing)."
(Reporting By Michele Kambas; Writing by Francesco Canepa in Frankfurt; Editing by Alex Richardson)
Price
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Change
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5d. change
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Capi.
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|---|---|---|---|---|---|
| 1.174 EUR | -0.08% | +0.03% | - | ||
| 0.9221 EUR | -0.13% | -0.30% | - | ||
| 0.6767 EUR | -0.00% | +0.48% | - | ||
| 0.6132 EUR | +0.20% | +0.46% | - | ||
| 0.011 EUR | -0.27% | -0.90% | - | ||
