The ECB officials did not discuss the o
ption of a 50 basis point rate cut this week.
European Central Bank (ECB) officials expect the inflation rate to reach 2% in the first or second quarter of next year, and believe that a rate cut in December is very likely, according to BlockBeats news. The inflation rate is expected to reach the target set by the European Central Bank within the first or second quarter of next year, and it is also believed that a rate cut in December is very likely.
