ECB: Stable Monetary Policy After EU-US Trade Deal

The European Central Bank (ECB) is expected to maintain its monetary policy steady in September, following the trade agreement between the EU and the US. According to Bloomberg sources, ECB officials do not consider the agreement to cause significant economic concerns.

The quarterly forecasts for September are expected to confirm that the ECB has completed its interest rate cuts. After eight cuts of 25 basis points, the ECB warned in July of higher criteria for further cuts. The data that followed showed growth in the Eurozone economy and inflation slightly higher than expected.

Following the last interest rate hold at 2% last month, growth and inflation have largely evolved in line with June forecasts. Estimates showed a decrease in inflationary pressures in 2026 and a return to the 2% target for 2027.