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21 sats \ 4 replies \ @grayruby 19 Apr 2024 \ on: ECB will cut interest rates into reflation econ
I didn't know they were cutting rates. Is that official or just projected at this point?
no, it's not official. but they have been spreading the word through their vice presidents via all the media for several days that the interest rate move will probably have to take place in June.
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Canada seems to be on a path for June as well. Which means the US will likely wait until fall.
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In recent years, Canada has unfortunately moved closer to the policies of the European Union in such a way that its monetary policy has also become a disaster - and I feel very sorry for this beautiful country
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Definitely.
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