ECB Rate Cut

 

The spread between Italy’s bonds and German equivalents, a key measure of risk, narrowed earlier in 2024 to a two-year low

Despite the calm on the surface, the economy is starting to see the consequences of problems that have been decades in the making.

Increasingly eclipsed by the dynamism of the US and the rise of China, the euro zone is languishing with anemic growth, weak productivity, poor demographics, and bloated public finances in key countries.

Bloomberg 3 June 2024

https://www.bloomberg.com/news/articles/2024-06-03/ecb-s-interest-rate-cuts-give-cheer-but-europe-s-economy-facing-many-problems

Sänkningscykeln 2008-2009 drevs av finanskrisen 

och den cykel som inleddes efter att eurokrisen förvärrats 2011 

hann ECB aldrig ur innan pandemin slog till.

 Felicia Åkerman: ECB:s väg efter junisänkningen är oklar (di.se)