He European Central Bank (ECB) maintained its main interest rate in 2%on Thursday, as expected, and a respite was taken after a year of relaxation of monetary policy, waiting for future to clarify Commercial relations of Europe with the United States.
With inflation again in its objective From 2% and interest rates lowering from 4% to 2% since June 2024, the ECB is not under pressure to act quickly and the leaders did not offer clues about their next movement, keeping investors guessing.
Continuing with its mantra of a meeting approach by meeting, the Central Bank of the Eurozone said that it would not commit beforehand with any path of interest rates and that the decisions would be made according to the incoming data.
“The information received agrees in general with the previous assessment of the Governing Council on inflation perspectives,” said the ECB after a two -day monetary policy meeting.
“Internal pressures on prices have continued giving in and wages grow more slowly.”
Investors continued betting on at least one more cuts of types this year, partly because the commercial war of the president of the United States, Donald Trumpis ballasting and, ultimately, prices.
