Reported 1 day ago
Traders are growing optimistic that the European Central Bank (ECB) will halt its series of interest rate cuts, viewing its current position as strong enough to navigate global economic uncertainty stemming from U.S. tariff policies. Following a recent rate reduction to 2%, ECB President Christine Lagarde indicated that the monetary policy cycle is nearing its end, which has caused the euro to rise and investors to shift their expectations regarding future rate cuts. Analysts suggest that unless significant external shocks occur, the ECB is likely done with aggressive easing measures.
Source: YAHOO