ECB’s Stournaras: Policy should continue with a series of rate cuts at the next meetings

FXStreetJan 17, 2025 9:06 AM

View all comments（0）



European Central Bank (ECB) Governing Council member Yannis Stournaras said on Thursday that “policy should continue with a series of rate cuts at the next meetings.”

Additional quotes

Our moves should be gradual and cautious based on the available data.
Larger rate cuts should not be ruled out if incoming data warrants it to be the case.
Latest forecasts show inflation reaching 2% target in a sustainable manner from Q2 2025.

Market reaction

At the time of writing, EUR/USD is testing intraday lows near 1.0280, down 0.21% on the day.

Reviewed byTony

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

Commenting Guidelines

Recommended Articles

OpenAI IPO Reversal? SpaceX Surges 7%, AI Stocks Fully Recover, Analysts See No Need to Delay Listing

Although the rebound in SpaceX and AI stocks has created a favorable external environment to drive OpenAI's listing this year as scheduled, its own losses still cannot be ignored.

US Stocks Close: Nasdaq Rises Over 2%, Philadelphia Semiconductor Index Rises Over 3%; Tesla Rises Over 8%, Space Stocks, Tech Stocks Lead Gains

TradingKey - On Monday, June 29, Eastern Time, market sentiment rebounded as the US and Iran returned to the negotiating table, lifting all three major indices, with space and technology stocks leading the gains. At the close, the Dow Jones Industrial Average rose 0.59% to 52,182.74 points; the Nasdaq Composite Index gained 2.07% to 25,820.14 points; and the S&P 500 Index rose 1.18% to 7,440.43 points.

Nvidia Competitor Cerebras Rebounds Nearly 20%. Market Bets It Will Benefit From HBM Shortages, Citi Sees 90% Upside for Stock

TradingKey — On June 29, Eastern Time, Cerebras Systems (CBRS) surged more than 20% at one point. As of press time, it was up 19.36% at $216.75. The latest holdings of Cathie Wood, CEO and CIO of ARK Invest, show that she added over 20,000 shares of CBRS stock last Friday, reflecting her continued optimism in the AI chip sector. Notably, the AI chipmaker, which is regarded as a competitor to Nvidia, has seen its stock price plunge about 40% since its listing, hitting an all-time low of $160.81 last Friday.

Tesla Stock Rises 5% to Reclaim $400 Mark; Musk Claims New AI Surpasses Claude, Morgan Stanley Raises Q2 Delivery Estimates

TradingKey - On June 29, Eastern Time, Tesla (TSLA) shares reclaimed the $400 mark, rising 5.83% to $401.84 as of press time. Tesla is scheduled to release its second-quarter delivery report this week, with Wall Street investment banks expecting deliveries to beat market expectations.

Gold Price Forecast: Does Gold Falling Below $4,000 Mean the Bull Market Is Over? Will It Still Rise in the Second Half of 2026?

TradingKey - Heading into the second half of 2026, the gold market has transitioned from a strong performer early in the year to an asset undergoing a high-level correction. Recently, gold prices fell below the $4,000 threshold for the first time since November 2025, down approximately 29% from the all-time high of $5,597.91 reached in January. On the surface, gold seems to have entered a period of distinct weakness. However, looking at the full-year horizon, can gold still rise in 2026? The answer is that while short-term pressure persists, there are still opportunities for a medium-term recovery, and the long-term bullish thesis remains intact.

Featured Tools