Reported about 12 hours ago
The European Central Bank (ECB) has decided to keep interest rates steady at 2%, ahead of the upcoming US Federal Reserve meeting. Despite expectations that the Fed may cut rates, ECB President Christine Lagarde stated that inflation in Europe remains stable at around 2%, with projections suggesting it could dip below this level by 2027. This indicates a more optimistic inflation outlook in Europe compared to the US.
Source: YAHOO