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Gregory Daco: ECB keeps deposit rate steady at 2.25 percent

Gregory Daco: ECB keeps deposit rate steady at 2.25 percent
ECB holds rate at 2.25 percent

Gregory Daco reports that the European Central Bank (ECB) has kept its deposit rate unchanged at 2.25 percent. The ECB's Governing Council is closely monitoring the ongoing Middle East conflict and its potential indirect and second-round effects on the economy, emphasizing their readiness to navigate the associated uncertainty.

Daco has previously commented on U.S. monetary policy, citing AI-driven demand as a key factor influencing inflation and potential rate hikes. In the private markets, he reported that private-equity assets stuck in zombie funds have reached a record high, raising concerns about liquidity. The latest ECB decision comes as global financial risks remain in focus.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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