European Central Bank (ECB) The member of the Board Isabel Schnabel said Thursday, “the monetary policy cycle is coming to an end.”
Additional comments
Growth prospects are generally stable despite the commercial conflict.
Medium -term inflation is stabilized in the objective.
Financing conditions are no longer restrictive.
Private consumption is supporting growth.
The expense in defense and infrastructure counteracts tariffs.
Energy and euro prices could change in any direction.
I hope only a limited commercial deviation from China to the EU.
The overall paper of the euro is strong, it could be even more strengthened.
Market reaction
The Eurusd is going up despite the moderate comments of the ECB, adding 0.60% in the day to 1,1557, at the time of writing.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
