ECB May Gradually Reduce Interest Rates: A View from Latvia

In the bustling heart of Europe, economic tremors are emerging. As the continent’s financial axis tilts, the gaze of economists and investors alike turn to a small Baltic nation, Latvia, which has found itself at the epicenter of these shifts. The Eiropas Centrālā Banka (ECB) may start gradually reducing interest rates next year, forecasts Pēteris Strautiņš, an economist at Luminor Bank. This potential policy shift, unfolding in the heart of the eurozone, holds far-reaching implications for the rest of the world.

Source: bnn.network