ECB: The ECB has reached the neutral level of interest rates – Gediminas Simkus

European Central Bank (ECB) The member of the Gediminas Government Council Šimkus said Thursday that “the ECB has reached the neutral level of rates.”

Additional quotes

It is important that the ECB does not commit to one direction or another.

Rates can still have to go down as it has increased the risk that inflation is below projections.

It is important to pause in the rates.

I do not reject the possibility of another rate cut in 2025.

Inflation may be below the objective in the medium term.

Euro price today

The lower table shows the percentage of euro change (EUR) compared to the main currencies today. Euro was the strongest currency against the New Zealand dollar.

USD EUR GBP JPY CAD Aud NZD CHF
USD -0.24% 0.12% -0.30% 0.00% 0.35% 0.35% -0.44%
EUR 0.24% 0.38% -0.10% 0.24% 0.56% 0.59% -0.17%
GBP -0.12% -0.38% -0.45% -0.13% 0.18% 0.20% -0.57%
JPY 0.30% 0.10% 0.45% 0.33% 0.67% 0.63% -0.10%
CAD -0.00% -0.24% 0.13% -0.33% 0.35% 0.33% -0.43%
Aud -0.35% -0.56% -0.18% -0.67% -0.35% 0.02% -0.75%
NZD -0.35% -0.59% -0.20% -0.63% -0.33% -0.02% -0.77%
CHF 0.44% 0.17% 0.57% 0.10% 0.43% 0.75% 0.77%

The heat map shows the percentage changes of the main currencies. The base currency is selected from the left column, while the contribution currency is selected in the upper row. For example, if you choose the euro of the left column and move along the horizontal line to the US dollar, the percentage change shown in the box will represent the EUR (base)/USD (quotation).

Source: Fx Street

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