Finance
ECB's Stournaras says monetary easing should continue
Published by Global Banking and Finance Review
Posted on January 17, 2025
1 min readLast updated: January 27, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on January 17, 2025
1 min readLast updated: January 27, 2026
ECB's Stournaras suggests continued monetary easing with rate cuts to support euro zone growth amid potential US protectionism.
ATHENS (Reuters) - The European Central Bank should continue with monetary easing with a series of rate cuts in the coming period as possible further protectionism by the United States could hurt the euro zone's moderate growth, the bank's policymaker Yannis Stournaras said late on Thursday.
Any further pressure on world trade from fresh protectionist measures imposed by the United States and others could impact the euro zone's very moderate growth, leading to below-target euro zone inflation, Stournaras said at an event in Athens.
"For these reasons, monetary policy easing should continue with a series of interest rate cuts at the next ECB Governing Council meetings," he said.
But he cautioned that the cuts should be gradual and based on evidence.
(Reporting by Angeliki Koutantou; Editing by Hugh Lawson)
The main topic is the ECB's consideration of continued monetary easing through rate cuts due to potential US protectionism affecting euro zone growth.
Monetary easing is suggested to support euro zone's moderate growth and address below-target inflation amid potential global trade pressures.
Yannis Stournaras is a policymaker at the European Central Bank advocating for continued monetary easing.
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