ECB Holds Rates Steady
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20hon MSN
Europe's central bank to hold off on another rate cut until it knows how bad the tariff blow will be
The European Central Bank probably isn't going to cut interest rates again on Thursday. That's because the bank's leaders don't know what kind of headwinds they'll be facing from U.S. trade
European bond yields and the euro rose, lifted by hopes for a EU-U.S. trade deal and the European Central Bank’s pause in its aggressive rate-cutting campaign. Germany's benchma
Loan demand from euro zone firms rose last quarter despite a drag from geopolitical and trade tensions, and another increase is likely this quarter, the European Central Bank said on Tuesday based on a survey of the bloc's biggest lenders.
The European Central Bank on Thursday kept interest rates steady amid major economic uncertainty, as the European Union scrambles to negotiate a trade agreement with the U.S. before the end of the month.
The European Central Bank (ECB) pauses interest rate cuts as it waits for the outcome of tariff negotiations between the U.S. and EU. Current inflation targets have been met, but uncertainty remains as President Trump threatens tariffs.
The dollar traded sideways versus the euro on Thursday after the European Central Bank held rates steady, and was confined to a tight range against the yen as prospects for higher Japanese rates offset worries about political risk after Sunday's elections.