Sources: ECB tends to keep interest rates unchanged, December becomes a key window
according to sources, policymakers at the European Central Bank are confident that they do not need to further lower interest rates to achieve a 2% inflation rate, despite new economic forecasts showing that inflation will be below 2% in the next two years. The sources said that unless the euro area faces another major shock, borrowing costs will remain at their current levels for a period of time. The sources also indicated that while the possibility of a rate cut at the October meeting is almost ruled out, December will be an opportunity for reassessment as the new quarterly forecasts will include 2028. A European Central Bank spokesperson declined to comment.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
[Initial Listing] Bitget Will List Datagram (DGRAM) in the Innovation and DePIN Zone
Bitget Spot Margin Announcement on Suspension of L3/USDT, ULTI/USDT Margin Trading Services
Bitget PoolX is listing Planck (PLANCK): Lock BTC to get PLANCK airdrop
Bitget x PLANCK Carnival: Grab a share of 1,880,000 PLANCK!
