WASHINGTON: The European Central Bank (ECB) is likely to keep interest rates on hold next month but discussions about further cuts may well resume in the autumn if the economy weakens, five sources told Reuters.
ECB president Christine Lagarde said in July the eurozone’s central bank was “in a good place” as it left its key rate at 2%, bringing a year-long cutting cycle to an end and leading investors to bet on a prolonged pause.
