Editorial & Advertiser disclosure

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Banking

Posted By Uma Rajagopal

Posted on November 26, 2024

ECB will keep cutting rates and focus shifting to growth, VP says

FRANKFURT (Reuters) – The European Central Bank will keep cutting interest rates as inflation falls and its focus is slowly shifting to growth, which is proving fragile, ECB Vice President Luis de Guindos told a Finnish newspaper.

“Concerns about high inflation have shifted to economic growth,” Helsingin Sanomat quoted de Guindos as saying. “The trajectory of our monetary policy is clear – if our projections are confirmed, we will continue making our monetary policy stance less restrictive.”

(Reporting by Balazs Koranyi; Editing by Andrew Heavens)

Recommended for you

  • Optimizing Customer Lifetime Value in Retail Banking Using Statistical Methods

  • Automated Loan Approval in Retail Banking: Leveraging Statistical Models for Creditworthiness Assessment

  • SME Market Segmentation in Banking: Using Cluster Analysis to Tailor Services