ECB Holds Rates as Governing Council Weighs Diverging Inflation Data
The central bank kept its key rates unchanged, citing mixed signals from services inflation and wage growth across the euro area.
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The central bank kept its key rates unchanged, citing mixed signals from services inflation and wage growth across the euro area.
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EUR/USD traded in a narrow range as investors awaited flash PMI figures from Germany and France due later this week.
Bullion held its ground after last week’s advance, with softer US real yields offsetting a firmer dollar.
Major European indices moved in different directions as corporate results painted an uneven picture of consumer demand.
Consumer price inflation eased by more than economists had forecast, adding to debate about the timing of Bank of England rate cuts.
The EU markets authority is seeking feedback on how the risks of leveraged products are presented to retail clients.