Economics

ECB Rate Cuts Seen as Done With Lagarde’s Review in Spotlight

  • Economists no longer expect ECB to lower deposit rate again
  • Policy review may bring more flexibility to inflation goal
It’s the "most important" ECB meeting this year, says Bob Michele of JPMorgan Asset Management.(Source: Bloomberg)
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The European Central Bank is done with cutting interest rates despite persistent downside risks to growth, according to a Bloomberg survey of economists.