© Reuters. FILE PHOTO: A view of the European Central Financial institution (ECB) headquarters in Frankfurt, Germany March 16, 2023. REUTERS/Heiko Becker/File Photograph
ROME (Reuters) – The European Central Financial institution (ECB) is transferring in direction of an rate of interest reduce as inflation is falling quickly and approaching the financial institution’s 2% goal, Financial institution of Italy Governor Fabio Panetta mentioned on Monday.
Addressing an occasion in Rome, Panetta mentioned the inflation pattern was making a price reduce “attainable.”
“The consensus rising – particularly in latest weeks – inside the ECB governing council factors on this route,” he mentioned.
