Interest Rates
Gabriel Makhlouf hints at ECB interest rate cut in June
The Central Bank governor signalled a cautious outlook ahead for cutting interest rates
Gabriel Makhlouf, governor of the Central Bank of Ireland (CBI), has signalled June as a key month in deciding whether to cut interest rates, in a blog post on the authority’s website.
“The picture should be sufficiently clearer when the Governing Council meets in June (as we will have a lot more information – particularly on wage dynamics – available in our deliberations) to give us sufficient confidence to make monetary [policy] less restrictive,” he ...
