ECB to look past Trump risk and push on with rate cuts

  • Posted on January 30, 2025
  • By Business News Today
  • 3 Views
ECB to look past Trump risk and push on with rate cuts

Despite US President Donald Trump's sabre-rattling, the European Central Bank is set to press on with interest rate cuts Thursday as officials increasingly voice confidence that the fight against inflation is on track. Felix Schmidt from Berenberg Bank was among economists predicting a fresh rate cut by the ECB Thursday, believing that inflation will ease in 2025.
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