ECB's decision on interest-rate cuts in September depends on Euro-zone economic data, with inflation at 2.5% and core inflation at 2.8%.
Euro-zone economic data this week will guide the European Central Bank's decision on interest-rate cuts in September, with inflation at 2.5% and core inflation at 2.8%. Investors expect the ECB to cut rates twice more this year, while the Fed is anticipated to leave rates unchanged in September. The likelihood of a Fed cut this week is below 5%.
July 29, 2024
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