Euro, Bond Yields Edge Higher After ECB – Money News
The euro edged greater after the European Central Bank cut rates of interest however signaled it might transfer cautiously with additional easing. It raised its 2025 inflation forecast, cut its annual eurozone growth forecasts via subsequent 12 months, and warned concerning the risk of commerce tensions. One main caveat: Its forecasts have been made earlier than Germany and the European Commission introduced plans to aggressively increase protection expenditure.
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