ECB Keeps Rates Unchanged, Raises Growth Forecasts
Market Intelligence Analysis
AI-PoweredThe European Central Bank (ECB) maintained interest rates at 2% for a fourth consecutive meeting, aligning with analyst predictions, and revised its growth forecasts upwards, anticipating firmer economic expansion and inflation returning to target by 2028.
Market impact analysis based on neutral sentiment with 63% confidence.
Article Context
The European Central Bank left interest rates unchanged for a fourth straight meeting as inflation hovers around target and the euro zone weathers global shocks. The deposit rate was kept at 2% on Thursday — as predicted by all analysts in a Bloomberg survey. Fresh forecasts accompanied the decision, envisaging firmer economic expansion and inflation returning to 2% in 2028 after falling short of that level during the next two years. Jamie Rush of Bloomberg Economics has more. (Source: Bloomberg)
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