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ECB
Banking & Finance
Eurozone inflation hits 3-year low of 2.2 percent in August, signaling possible ECB rate cut next month
The inflation landscape is gradually improving, highlighting the progress toward the ECB's 2 percent target
Economy
ECB may cut interest rates twice more this year, to reach as low as 2.25 percent in 2025
While the ECB must ensure inflation returns to 2 percent, it shouldn’t overly dampen economic activity with interest rate cuts
Economy
ECB stays committed to multiple rate cuts despite Fed’s caution, global uncertainty
Officials highlighted that the ECB's decisions hinge on incoming data, especially regarding wages, profits, and productivity