Categories: BUSINESS

Rate call: ECB signals steady stance; policy minutes hint at openness to cuts next year

The European Central Bank’s October meeting minutes indicate interest rates are currently appropriate, with potential for cuts in 2026. While inflation is near the 2% target, concerns about slowing wage growth and eurozone momentum prompt openness to future easing. The ECB remains vigilant about the economy’s ability to sustain the target.
Sumitra

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