ECB expected to rest with rates on hold

The European Central bank is expected to hold interest rates steady when it meets on Thursday 31 July, but analysts said on Tuesday 29 July it will probably cut in September when it returns, to stimulate the euro zone economy further.

Source: AFP

The European Central Bank is widely expected to hold its key interest rates steady this week at the last meeting before its month-long summer break, but a cut is in the air.

The bank's governing council will probably cut rates when it returns in September

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