ECB to Begin Rate Cuts Amid Sticky Inflation Concerns
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#e27004a0 ver:0.87
The ECB is set to begin cutting eurozone interest rates, but sticky inflation may limit the impact. Inflation in the eurozone rose to 2.6%, above the ECB's target. Despite the rate cut, it's unlikely to be the start of a rapid easing cycle. The ECB's next meeting in July is also unlikely to result in another reduction. Analysts expect one rate cut per quarter this year. #ECB #inflation #interestrates...
#newstr #Ecb #InterestRates #Inflation #Eurozone
https://here.news/story/e27004a0?ver=0.87