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European Central Bank set to hold rates as market debates cut timeline

From cnbc.com

The European Central Bank is set to hold interest rates at their current record high after its monetary policy meeting on Thursday — while investors are hungry for guidance on possible rate cuts. They may be disappointed. “The January ECB meeting this Thursday is, as usual, unlikely to deliver any policy changes or major policy messages, involving instead a reflection on the year ahead,” economists at Société Générale said in a Tuesday note. Minutes from the ECB’s December meeting, released last week, showed that the central bank is highly unlikely to hike rates again, but that any discussion of easing is considered pre ... (full story)

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  • Category: Fundamental Analysis