#Latest news with #ECBOfficialsBloomberg23-05-2025BusinessBloombergSome ECB Officials Saw April Rate Cut as Frontloading June MoveApril's reduction in borrowing costs was considered by some European Central Bank officials as bringing forward a cut that had earlier been expected to come in June, according to an account of the meeting. 'Recent events had convinced these members that cutting interest rates at the current meeting provided some insurance against negative outcomes and avoided contributing to additional uncertainty in times of financial-market volatility,' the summary showed.
Bloomberg23-05-2025BusinessBloombergSome ECB Officials Saw April Rate Cut as Frontloading June MoveApril's reduction in borrowing costs was considered by some European Central Bank officials as bringing forward a cut that had earlier been expected to come in June, according to an account of the meeting. 'Recent events had convinced these members that cutting interest rates at the current meeting provided some insurance against negative outcomes and avoided contributing to additional uncertainty in times of financial-market volatility,' the summary showed.
23-05-2025
