ECB’s cycle of rate cuts is coming to an end

The European Central Bank’s run of interest-rate cuts appears to be winding down, as inflation drifts back toward the ECB’s 2% goal and growth remains steady, Executive Board member Isabel Schnabel said Thursday in Brussels. Schnabel said the ECB’s cycle of rate reductions was drawing to a close now that “medium-term inflation is stabilizing around […] source: https://www.cryptopolitan.com/ecbs-cycle-of-rate-cuts-is-coming-to-an-end/