US Holds Cost Of Borrowing In Face Of Sticky Inflation – Forbes Advisor UK

From Forbes: 2024-05-02 09:16:01

Although a cut in borrowing costs wasn’t announced, the ECB has hinted at potential rate reductions this summer due to easing inflation and moderate wage growth. Despite strong domestic price pressures, market watchers believe interest rates may be adjusted to help reach the long-term inflation target of 2%. Eurozone inflation currently stands at 2.4%.



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