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Olli Rehn

Olli Rehn

ECB Members Advocate for Interest Rate Cut in June

The only correct thing is to lower the interest rate in June, provided that the current forecasts of a decreasing inflation rate and a slower economic cycle hold. This is what the Finnish member of the European Central Bank (ECB), Olli Rehn, said during an appearance in Helsinki on Friday.
ECB Members Advocate for Interest Rate Cut in June

The Fed announcement could be the turning point: "Enormous relief"

Several central banks have already lowered. The ECB appears to be following suit in September, and now the US Federal Reserve is also announcing that it's time to start cutting interest rates.
The Fed announcement could be the turning point: "Enormous relief"
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