Rate call: ECB signals steady stance; policy minutes hint at openness to cuts next year

Anurag Sharma
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The European Central Bank's October meeting minutes indicate interest rates are currently appropriate, with potential for cuts in 2026. While inflation is near the 2% target, concerns about slowing wage growth and eurozone momentum prompt openness to future easing. The ECB remains vigilant about the economy's ability to sustain the target.

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