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ECB's Stournaras Rules Out Monetary Policy Changes in July, Signals Lower Rate Hike Odds

2026-07-01 17:41:34

According to Bloomberg, European Central Bank Governing Council member Yannis Stournaras said he does not expect any monetary policy adjustments in July, signaling reduced likelihood of further interest rate increases. Maintaining the current policy stance for a period may be appropriate, he noted. Stournaras added that the ECB must monitor the indirect impact of geopolitical tensions, particularly the conflict involving the U.S. and Israel, on price developments.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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