Reported about 5 hours ago
The European Central Bank (ECB) maintained interest rates at 2% as expected with no hints about upcoming policy changes, despite investors anticipating further support due to inflation dropping below target. ECB President Christine Lagarde expressed confidence in the economy's stability and noted that recent data supports a cautious approach. While there's discussion of potential rate cuts in the future, current assessments suggest that major shifts in monetary policy are unlikely, with rates expected to remain stable for the time being.
Source: YAHOO