Reported 2 days ago
The European Central Bank is set to consider a significant interest rate cut next week, though member Martins Kazaks emphasizes the need for caution due to prevailing geopolitical risks and uncertainty surrounding U.S. trade policies. While there is a strong possibility of a 50 basis-point cut, many officials suggest a more measured approach is likely. Economic indicators, including stable unemployment rates, support the notion of continuing rate reductions, but concerns about inflation and global trade dynamics persist.
Source: YAHOO