ECB makes major announcement regarding key interest rate: potential reduction anticipated.
Since June 2022, the ECB has increased interest rates ten times due to high inflation. Now that inflation is decreasing, it's possible we'll see reductions in interest rates. However, it's essential to pay attention to the ECB's language about future actions and their perspective on inflation. While some think a rate cut is unlikely during the next meeting in July, others may have a different opinion.