ECB officials at Sintra keep slight dovish bias as easing cycle nears end

At the ECB’s annual forum in Sintra, policymakers reinforced that it’s is nearing the end of its easing cycle, even though further rate cut cannot be ruled out. Chief Economist Philip Lane emphasized that the “last cycle” of battling post-pandemic inflation is over, having brought price growth down from 10% to near the 2% target. […]

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