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European Central Bank board member: There is uncertainty in the economic outlook, maintaining an open attitude towards interest rate cuts in April.
Martins Kazaks, a member of the European Central Bank's Governing Council, stated that due to the economic outlook depending on unpredictable geopolitical shocks, the European Central Bank should keep all options open in next month's interest rate decision.
Express News | European Central Bank Governing Council member Centeno: Inflation in the eurozone has "almost overcome its difficulties."
European Central Bank's Lagarde: Doubts about economic recovery.
Mario Centeno, a member of the European Central Bank's governing council, expressed great concern on Friday about the economic situation and future growth prospects in the Eurozone, citing stagnation primarily supported by a strong labor market, while exports and investments are declining. Centeno stated that it is expected to take four years to return to the private sector investment levels of 2023 and six years for housing investment. He warned that these figures cast doubt on the recovery of the European economy. He noted that the Eurozone economy needs stimulus in both financial conditions and investment.
Express News | The ECB council member Kazaks stated that an open attitude should be maintained towards interest rate decisions due to high uncertainty.
Euro Rally Might Not Last Given Tariff Threat -- Market Talk
Eurozone's Monthly Services Production Down 0.3% in December 2024