ECB official Dolenc: The ECB's next move may be to cut interest rates or raise interest rates
2025-09-03 04:59:33
ECB interest rates will remain unchanged for now and the next move could be to cut or raise rates, said Dolenc, an ECB official. With the European economy remaining resilient and inflation steady at around 2 per cent, Dolenc sees no need to adjust borrowing costs this month because there has been no "significant change in any direction". "After September, we should wait and see how monetary policy works - what the data are, what the forecasts are - before making a decision," he said. "Policy could then move in any direction." (Jin Ten)
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