Central Banks
ECB’s Wunsch Says Talk of Half-Point Rate Cut Is ‘Premature’
- I wouldn’t ‘over-dramatize’ inflation slowdown, he says
- Belgium central-bank chief speaks in Bloomberg TV interview
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European Central Bank Governing Council member Pierre Wunsch said it’s far too early to start considering a half-point interest-rate reduction in December.
In an interview on Bloomberg Television’s “Balance of Power” on Thursday, the Belgian central-bank-chief said that while the euro-zone is showing signs of weakening, officials must still await further inflation data and watch how the economy develops before coming to any conclusions.