[HIGHLIGHTS] The ECB leaves rates unchanged at 4.50% - News

The ECB leaves rates unchanged at 4.50% - News. Inflation estimates cut to 2.3% in 2024 - ANSA.

It is the fourth pause in the cycle of ten consecutive increases that began in July 2022. The ECB has cut its inflation estimate for the euro area compared to its December forecasts. According to the new estimates, inflation will reach 2.2% in 2025 (from 2.1%) and 1.9% in 2026. The rate on main refinancing remains unchanged at4.50%.