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Stournaras (ECB) estimates that three rate cuts are likely this year

Yannis Stournaras is the governor of the Bank of Greece and therefore a member of the Governing Council of the European Central Bank (monetary policy definition committee):

  • European Central Bank likely to cut borrowing costs three times this year instead of four
  • the latest eurozone GDP figures were a pleasant surprise

Stournaras comments on an interview

This article was written by Eamonn Sheridan at www.forexlive.com.

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