If the European Central Bank adjusts interest rates in the next six months, the move would likely be a cut, ECB policymaker Francois Villeroy de Galhau said on Thursday.
The European Central Bank has reduced its three key interest rates by 25 basis points, aligning with expectations and reflecting progress toward its inflation target.
China cut benchmark lending rates for the first time since October on Tuesday, while major state banks lowered deposit rates as authorities work to ease monetary policy to help buffer the economy from the impact of the Sino-U.S. trade war.
In response to escalating trade tensions with the United States, China has unveiled a series of measures aimed at bolstering its economy, including increased borrowing and further interest rate cuts. These steps reflect Beijing’s determination to stabilize growth and shield itself from the impact of
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