Friday, 7 June 2024

ECB Review: Cutting and Keeping

by BD Banks

ECB Review: Cutting and Keeping

Today, the ECB decided to cut its three main policy rates by 25bp, which leaves the key policy rate at 3.75%. This cut follows a 9-month period with unchanged policy rates on the back of the rapid hiking cycle since mid-2022. The rate cut was widely expected and thus focus was on the communication. The […]

The post ECB Review: Cutting and Keeping appeared first on Action Forex.

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