ECB’s Stournaras: Monetary policy is to be less restrictive in 2025

European Central Bank (ECB) policymaker Yannis Stournaras warned on Tuesday, “monetary policy is to be less restrictive in 2025.”

“But it is possible that inflation rise might delay normalisation of monetary policy,” he added.

Market reaction

EUR/USD was last seen trading at 1.0926, up 0.15% on the day.

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Gold bounces back above $3,000 as trade war tensions flair up

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