ECB holds interest rates steady at 2%, calls easing cycle “done”

The European Central Bank (ECB) held its deposit rate at 2% today after eight cuts from the 4% peak, with officials saying the cycle is now “most likely” finished, according to its latest end-of-year outlook. Board officials said the rate can stay at this level unless the economy faces another major shock, and they also […] source: https://www.cryptopolitan.com/ecb-holds-interest-rates-steady-at-2/