interest rate cuts
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Poor advisor for monetary policy
When considering interest rate cuts, the ECB should not look too closely at its own forecasts for inflation and economic growth. There are several reasons for this.
Forecasts for EU inflation diverge significantly
The uncertainty is high about how inflation and the economic situation of the Eurozone will develop in the coming months. Accordingly, the advice from economists to the ECB varies quite a bit, as a survey by Börsen-Zeitung shows.
