1334 GMT - The European Central Bank looks focused on risks to economic growth and will cut borrowing costs further, MHA economics advisor Joe Nellis writes in a note. The central bank moved Thursday with another 25-basis-point reduction in the key rate to 2.5%, as was widely expected. Still, the path ahead remains less certain, Nellis says, as the ECB balances enduring inflation risks with a struggling economy. The latter is likely to remain the focus, with looming U.S. import tariffs adding to internal sluggishness, he says. "We expect the ECB to keep on cutting throughout the year as policy concerns shift from worries about inflation to the need for economic stimulus." (joshua.kirby@wsj.com; @joshualeokirby)
(END) Dow Jones Newswires
March 06, 2025 08:35 ET (13:35 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。