The governing council today decided to lower the three key ECB interest rates by 25 basis points. Based on an updated assessment of the inflation outlook, it is now appropriate to moderate the degree of monetary policy restriction after nine months of holding rates steady.
The ECB's decision will resonate globally, potentially impacting business investment, consumer spending, housing markets, and investor sentiment. However, there is a risk of cutting rates too early, given uncertain energy prices, geopolitical conflicts, and a surprisingly strong labor market in Eurozone.
[
Collection
]
[
|
...
]