- ECB policymakers are convinced that no further interest rate cuts are needed to deliver 2% inflation,despite new economic projections, pointing to an undershoot over the next 2 years.
- Unless the euro zone experiences another major shock, borrowing costs are set to stay where they are for some time.
- December will be an opportunity to reaccess as fresh quarterly forecast will include 2028.
ECB policymakers are convinced that no further rate cuts are needed to deliver 2% inflaton
- According to ECB sources
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