ECB Breaks Hiking Cycle, Leaves Key Interest Rates Unchanged at 4.50% at October Meeting

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  • 26 Oct '23 at 7:15 am #66989
    Helmholtz Watson
    Participant

    ECB kept key rates unchanged in its October monetary policy decision at 4.50%, with the closely watched deposit facility rate to 4.00%, in line with m
    [See the full post at: ECB Breaks Hiking Cycle, Leaves Key Interest Rates Unchanged at 4.50% at October Meeting]

    27 Oct '23 at 9:39 am #67006
    Truman
    Participant

    Goldman Sachs expects that the European Central Bank reached its peak rate and will begin cutting rates in Q3 of 2024.

    European Central Bank policymaker Muller said that the economy will determine how long rates stay at their peak while policymaker Vasle said that the current rate level is enough to slow inflation.

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