ECB’s Stournaras: I Believe We Will Cut Rates in June, Then Pause

23 May 2025

ECB’s Stournaras: I Believe We Will Cut Rates in June, Then Pause
Yannis Stournaras, governor of the Bank of Greece, at the European Central Bank Governing Council meeting in Athens on October 26, 2023. Photo by Adrian Petty/ECB.

By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Yannis Stournaras said on Friday that the ECB would ease monetary policy further next month and then hold.

In a joint interview with Bank of Finland Governor Olli Rehn in Greek newspaper Kathimerini, Stournaras, who heads the Bank of Greece, said, ‘I believe we will cut interest rates one more time in June and then I see a pause.’

The ECB should stick to its meeting-by-meeting, data-dependent approach, he said.

 

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