Published by Global Banking & Finance Review®
Posted on March 21, 2025
1 min readLast updated: January 24, 2026
Add as preferred source on GoogleECB rate cut in April is probable due to slowing inflation and moderating wage growth, according to Yannis Stournaras.
FRANKFURT (Reuters) - A European Central Bank rate cut in April is increasingly likely since inflation is slowing, wage growth is moderating and service price pressures are easing, Greek central bank chief Yannis Stournaras said.
"Everything points in the direction of a cut in April," Stournaras, one of the longest serving members of the ECB's Governing Council, told media outlet Econostream.
"But this is not April. It is still March. We have one month to go, so I cannot tell you that we're going to cut ... If it was today, I would be more certain that we're going to have a cut."
(Reporting by Balazs Koranyi; Editing by Andrew Cawthorne)
The article discusses the likelihood of an ECB rate cut in April due to slowing inflation and wage growth moderation.
A rate cut is likely because inflation is slowing, wage growth is moderating, and service price pressures are easing.
Yannis Stournaras, the Greek central bank chief, commented on the potential rate cut.
Explore more articles in the Headlines category
