Here's your summary from ECB Shouldn’t Rule Out Second Rate Cut in July, Villeroy Says (https://www.youtube.com/watch?v=kNnHpz8Jfbg) on the Bloomberg Television channel:
**TLDR:** Villeroy suggests ECB should consider a second rate cut in July, sparking debate among members about the sequencing of cuts.
1. Isabel Schnabel emphasizes the importance of asset purchases for the ECB, but warns about using QE outside of crises.
2. Villeroy's comments hint at the possibility of consecutive rate cuts, which could benefit European stocks amidst improving activity data.
3. The trajectory of ECB's monetary policy in the coming months remains uncertain, with the hawkish camp waiting for continued progress on inflation to support further rate cuts.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro