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Wall St Engine
@wallstengine
Fast, accurate, consistent stock market news, earnings highlights & more. By Brillinsight. Not financial advice.
Joined March 2022
975 Following    197.5K Followers
ECB 🇪🇺 RAISES RATES 25 BPS; DEPOSIT RATE TO 2.50%, REFI RATE TO 2.65% The bank says the Middle East conflict is adding to inflation pressures, with inflation expected to remain above target for an extended period. New forecasts: 2026 inflation: 3.0% | growth: 0.9% 2027 inflation: 2.5% | growth: 1.4% 2028 inflation: 2.1% | growth: 1.5% The ECB says inflation risks remain tilted higher while growth risks are to the downside, and it is not pre-committing to a specific rate path. The euro was little changed after the decision at around $1.1613. Source: ECB, Reuters
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