ECB is on hold with rate decision

Note: This section contains information in English only.
Source: Reuters
The European Central Bank is unlikely to release its decision whether to cut the benchmark interest rates to its record low sooner than Thursday as the bank's policy meeting began today, the President of the ECB said on Tuesday. According to Draghi, the ECB may wait for the latest forecast suggesting whether the inflation level is too low as last estimates show inflation rising by 0.7% in the Q2.

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