Published 22 days ago

ECB holds rates at record highs, signals upcoming cut

The European Central Bank held interest rates steady, hinting at potential rate cuts in June.
Lagarde mentioned that new developments are "loud and clear indication" of the bank's current sentiment.
Policymakers are monitoring wage growth for its impact on inflation, expecting further data before any rate decision in June.

Insights by Ground AI

Does this summary seem wrong?

0 Articles

All

Left

Center

Right

Reuters

Headline Unavailable

22 days ago·United Kingdom

Read Full Article

Associated Press News

European Central Bank leaves rates unchanged as world's central banks wrestle with when to cut

European Central Bank leaves rates unchanged as world's central banks wrestle with when to cut.

22 days ago·United States

Read Full Article

abc News

European Central Bank leaves rates unchanged as world's central banks wrestle with when to cut

22 days ago·United States

Read Full Article

CNBC

European Central Bank holds interest rates, gives strong signal that cuts are on the way

The euro zone's central bank held interest rates steady for a fifth straight meeting.

22 days ago·United States

Read Full Article

Sueddeutsche Zeitung

ECB awaits interest rate change

Europe's interest rate guardians are still keeping the benchmark rates at record levels. A rate cut is likely in June. Banks are already reacting now - to the detriment of their customers.

22 days ago·Munich, Germany

Read Full Article

Bloomberg

ECB Holds Rates, Gives Clearest Signal On Starting Cuts

The European Central Bank held interest rates steady for a fifth meeting, while sending its clearest signal yet that cooling inflation will soon allow it to commence cuts. The deposit rate was left at a record-high 4%, as overwhelmingly predicted by a Bloomberg poll in which only one of 62 economists saw a decrease. But the Governing Council added wording to its accompanying statement flagging a reduction, should updated economic forecasts in Ju…

22 days ago·United States

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year