ECB cut its deposit rate by 25bps to 3.00%, aligning with market expectations. The overall decisions and economic projections reflect confidence in the ongoing disinflation process. Yet, he Governing Council reiterated its “data-dependent and meeting-by-meeting approach,” refraining from pre-committing to any specific rate path. In its statement, the ECB highlighted that the “disinflation process is […]
The post ECB cuts to 3.00%, projects inflation steady around target through 2027 appeared first on Action Forex.
