ECB holds rates at record highs, signals upcoming cut
- The European Central Bank held interest rates steady, hinting at potential rate cuts in June.
- Lagarde mentioned that new developments are "loud and clear indication" of the bank's current sentiment.
- Policymakers are monitoring wage growth for its impact on inflation, expecting further data before any rate decision in June.
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Leaning Left15Leaning Right4Center13Last Updated22 days agoBias Distribution47% Left
Bias Distribution
- 47% of the sources lean Left
47% Left
L 47%
C 40%
13%
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