ECB Likely to Cut Rates
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US trade concernsABC News
•European Central Bank likely to cut rates while weighing US trade concerns and France's chaos
84% Informative
Analysts see a quarter -point rate cut from the current benchmark rate of 3.25% as the most likely option.
But the prospect of a half -point cut isn’t out of the question for the bank and its President Christine Lagarde .
New risks that emerged since the bank’s last meeting on Oct. 17 cast a shadow over an already tepid recovery from a post-pandemic stagnation.
VR Score
90
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91
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