ECB seen holding interest rates one last time
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The European Central Bank (ECB) is expected to maintain its key interest rate at a record high, with a first cut anticipated in June as inflation eases. The ECB has kept borrowing costs unchanged since October, but calls for cuts have increased as inflation has slowed. Eurozone inflation in March was 2.4%, close to the ECB's target of 2%. The majority of ECB governing council members are expected to vote for unchanged rates at this week's meeting, but a reduction before the summer break is likely. The ECB will assess wage growth and have updated forecasts on inflation and economic growth in June.

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https://www.brecorder.com/news/40298134