Reported about 6 hours ago
The European Central Bank (ECB) is anticipated to announce an interest rate cut, a move that was largely dismissed just a month ago. This shift aims to stimulate the euro zone economy, which has been facing challenges due to prolonged high borrowing costs. As economic data reflects a contraction in the private sector, ECB President Christine Lagarde is expected to face questions about the rationale behind this sudden change in policy direction and its implications for future monetary easing.
Source: YAHOO