ECB expected to keep interest rates unchanged
Bloomberg · Just In
Bloomberg
Just In
The European Central Bank is set to leave interest rates on hold. The deposit rate will be held at 2%, according to economists. New ECB forecasts are likely to show economic growth gradually picking up and inflation at target over the medium term.
Breakdown
- ECB policymakers are expected to keep interest rates unchanged, ending the easing cycle.
- Recent economic data shows inflation at 2.1%, strong GDP growth, and historic low unemployment. 40s
- Markets see a low probability of further rate cuts before the end of the year. 56s
- New forecasts may show short-term upgrades but possible long-term downgrades due to tariffs. 1m 32s
- Questions remain about the impact of French politics and the euro's trajectory. 1m 48s