ECB Keeps Interest Rate Cuts on the Table Amid Uncertain Economic Landscape

Reported 1 day ago

ECB officials are keeping future interest rate cuts as a possibility given the uncertain outlook for trade, energy prices, and foreign exchange rates. While the bank held rates steady recently and maintains a positive view on inflation and growth, policymakers suggest the debate on rates is ongoing, with some indicating that further cuts could occur in upcoming meetings. The next key update on inflation projections is expected in December, which will inform the ECB's decisions moving forward.

Source: YAHOO

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