Reported about 15 hours ago
The European Central Bank (ECB) may redefine its monetary policy from 'restrictive' at its upcoming meeting in March, as discussions among officials suggest the current deposit rate of 2.5% may no longer warrant this label. The ECB plans to evaluate whether to pause further interest rate cuts while balancing inflation control and demand support. ECB President Christine Lagarde indicated that future policy will be guided by research, although officials did not discuss the 'neutral rate' in their recent meeting.
Source: YAHOO