Reported about 8 hours ago
The European Central Bank (ECB) plans to continue its interest rate cuts despite early disruptions from Donald Trump's return to the U.S. presidency. ECB officials, including President Christine Lagarde, maintain that euro-zone inflation is on track to hit 2% this year, allowing for further easing of monetary policy. While uncertainties surrounding Trump's economic agenda loom, the bank remains focused on monitoring data and adjusting its strategies accordingly, with expectations for additional rate cuts in the coming months.
Source: YAHOO