ECB holds at 2.00%, not pre-committing to any rate path

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The ECB held its deposit rate steady at 2.00% today, as expected, pausing its easing cycle after a string of cuts since June 2024. In its statement, the central bank reiterated that it will remain “data-dependent” and take a “meeting-by-meeting”. It emphasized that approach, the Governing Council is “not pre-committing to a particular rate path”. […]The post ECB holds at 2.00%, not pre-committing to any rate path appeared first on Action Forex.