Senior officials from the Governing Council of the European Central Bank (ECB) stated, in discussions with CNBC, that the current cycle of monetary easing, characterized by falling interest rates, is nearing its end or has already concluded. This assessment comes against the backdrop of a European economy that, while remaining relatively stable, is still vulnerable to various risks.
ECB officials emphasize that, in the current context, it is essential to monitor economic developments to determine the future directions of monetary policy. This change in approach could influence future decisions regarding interest rates and economic stimulus measures.
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