đ¨ ECB Official Hints October Rate Cut Unlikely! đ¨
According to recent reports, Robert Holzmann, a member of the ECB Governing Council, has hinted that October might not be the right moment for another interest rate cut. He pointed out that a rate around 2.5% could be close to the neutral level, suggesting no immediate changes on the horizon. đ
As the global financial markets react to every move from the European Central Bank, this news might keep interest rate cuts on hold for the time being.
Stay tuned as we monitor the impact on the broader financial landscape! đź
