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An ECB official stated that raising the key interest rate to 2.5% would keep policy in the neutral range under current analysis. The comment addresses market speculation about further tightening.
rte.ieAn ECB official said another increase in the benchmark interest rate to 2.5 percent would leave monetary policy inside the neutral range based on current analysis.
The remarks come amid ongoing discussion over whether the central bank will deliver additional hikes after its most recent move. Officials have not signaled an imminent decision, and the statement focused on the assessed neutral level rather than any planned action.
Traders have priced in limited odds of a further hike this year.
The comments aim to clarify where the neutral rate sits under prevailing economic conditions. No immediate market reaction was reported following the statement.
nypost.comA Ukrainian woman who left her Wall Street position to serve as a combat medic said she returned to Ukraine because she did not want to sit out the war. Viktoriia Honcharuk stated she wanted to ensure a future for potential children by contributing to the effort.
thehindu.comU.S. and Iran negotiators are considering moving the signing of a memorandum of understanding forward from Friday to as early as Wednesday, two sources said.