We are at a turning point in the European monetary policy cycle. In June, the Governing
Council decided to cut the key ECB interest rates by 25 basis points after holding them
at high levels for nine months. Turning points inevitably attract attention, and the policy
debate is now focused on the next steps: ECB watchers are eagerly looking for clues
about the pace of the normalization path…
Giu
27
2024
