ECB may need to accelerate interest rate cuts – POLITICO

ECB may need to accelerate interest rate cuts – POLITICO

The German ZEW sentiment index on Tuesday painted a dire picture, with the assessment of the current situation now almost as bad as it was at the beginning of the Covid pandemic in spring 2020. ZEW head Achim Wambach said “the hope for a swift improvement in the economic situation is visibly fading.” For Centeno, … Read more