ECB to cut rates on Thursday and leave space for future maneuvers

Source: Bloomberg
© Scanpix/FP
The ECB will most probably cut both key and deposit interest rates after the Governing Council meeting on Thursday, the majority of economists expect. As predicted, the cut of both rates will be in the range of 10-15 basis points, keeping the borrowing costs very low. Alongside, the ECB is planning to leave some space after the rates' cut for possible next decreases of them in the future.
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