Central Banks

ECB Rate Cuts Will Continue Next Year, Vujcic Tells HRT1

Boris Vujcic

Photographer: Andrey Rudakov/Bloomberg
Lock
This article is for subscribers only.

The European Central Bank will go on lowering borrowing costs in 2025, according to Governing Council member Boris Vujcic.

“The direction is clear, it’s the continuation of the direction from 2024, and that is the further reduction of interest rates,” the Croatian central bank chief told state broadcaster HRT1 in an interview Saturday.