ECB Stays Put: No Rate Cuts in Sight

Is the ECB done cutting rates? After a series of aggressive moves, the European Central Bank is signaling a shift to monitoring mode. With inflation at their 2% target and mixed economic signals, officials like Martins Kazaks see no urgency for further rate cuts. Despite risks from trade and Chinese competition, manufacturing is showing signs of recovery and wage growth is slowing. Markets aren't expecting more cuts this year, and the ECB seems to agree, preferring to wait for clear signs of risk before acting. Is this a pause or the new normal? Hosted on Acast. See acast.com/privacy for more information.