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European Central Bank meets as bond markets wobble and economy turns south - TL;DR CNBC

European Central Bank meets as bond markets wobble and economy turns south

Publishing timestamp: 2023-10-25 01:15:29


Summary

The European Central Bank is expected to keep rates on hold due to easing inflation pressures and a worsening economic outlook. Bond market volatility and potential risks to inflation from geopolitical events are complicating the ECB's decision-making. The question of when the ECB will start cutting rates is also a topic of discussion.


Sentiment: MIXED

Tickers: EUR=

Keywords: business newscentral bankingpoliticsbreaking news: investingeur/usdinvestment strategybreaking news: politics

Source: https://www.cnbc.com/2023/10/25/european-central-bank-meets-as-bond-markets-wobble-and-economy-turns-south.html


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