The ECB yesterday held rates steady as widely expected and just reaffirmed their neutral stance as they keep monitoring the data and trade developments with the US.
Another rate hike is now basically a 50/50 chance, which is what it should have been all along after the last rate cut. In fact, with all the monetary easing still filtering through and the fiscal impulse, there are more upside risks to the economy rather than downside ones.
Hence then, the article about ecb s kazaks there s no urgent need to adjust rates was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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