The European Central Bank has no plans to cut monetary policy interest rates, given the performance of the eurozone economy and inflation forecasts.
Delia Niculescu
Economy
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ECB officials, including Isabel Schnabel, say the eurozone economy is doing well, which justifies keeping monetary policy interest rates on hold. After a significant interest rate cut, the ECB remains on hold to assess the impact of the global trade war. Inflation is estimated at 2% and economic risks are considered balanced, although there are concerns about a fragmented global economy. The next monetary policy meeting will take place on July 24.
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