By Richa Rebello BENGALURU (Reuters) - The European Central Bank will cut its deposit rate in September after signalling a bias to do so this month, according to economists in a Reuters poll who do not expect a turnaround in the euro zone's economic fortunes any time soon. Major central banks on both sides of the Atlantic are under pressure to ease monetary policy to keep inflation expectations from collapsing amid slowing global growth, increased trade protectionism and weak economic data.
The post ECB to cut rates in September, QE 2.0 still on the cards – Reuters poll appeared first on Firstpost.
from Firstpost https://ift.tt/32wP6XU
Comments
Post a Comment