Interest Rates Set to Drop at Next ECB Meeting – Unlock the Editor’s Digest for Free
Frankfurt, Germany – The European Central Bank’s recent decision to maintain interest rates at all-time highs has sparked speculation about a potential rate cut at the next meeting in June. While some policymakers within the ECB advocated for an immediate cut, the governing council ultimately opted to keep the benchmark deposit rate at 4 percent until they were confident that inflation had stabilized. This move marks a shift in the ECB’s approach, with the bank …