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ECB Likely to Hold Rates Unchanged This Week While Maintaining Restrictive Bias

2026-07-21 11:13:14

According to Nuveen analyst Laura Cooper, the European Central Bank is likely to hold interest rates unchanged at its meeting this week while maintaining a restrictive bias, following its rate increase in June. Cooper cited moderating inflation, with purchasing managers' pricing sub-indices showing little sign of acceleration, and producer price data confirming easing upstream cost pressures as rationale for the pause. However, she noted that renewed commodity supply disruptions could reignite energy price pressures and prompt the ECB to keep further tightening options open.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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