Central Banks
ECB Cut Next Week Wouldn’t Guarantee December Move, Vasle Says
- Slovenian official says October rate move is ‘an option’
- He sees rates being lowered to neutral levels by end of 2025
Bostjan Vasle
Source: ECBThis article is for subscribers only.
Reducing interest rates in October wouldn’t mean that the European Central Bank is certain to do so again at its final meeting of the year, according to Governing Council member Bostjan Vasle.
“Even if the ECB happens to decide to lower rates next week, that wouldn’t automatically mean another cut is coming in December,” he told Bloomberg, describing a cut this month as “an option.”