ECB holds interest rates, gives strong signal that cuts are on the way

From CNBC: 2024-04-11 08:23:06

The European Central Bank kept interest rates unchanged, hinting at a future cut to boost inflation. President Christine Lagarde highlighted the ECB’s shift in sentiment. Market pricing suggests a 25 basis point cut in June. U.S. inflation data could influence ECB’s decision-making process. European data trends toward target inflation.



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