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Back Fundamental analysis
Summary of the December ECB Meeting
On December 18, the European Central
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On December 18, the European Central Bank concluded its final meeting of the year, albeit a week later than the Federal Reserve. As expected by market participants, no significant decisions were made. All three interest rates (refinancing, deposit, and lending) remained unchanged for the fourth consecutive time. The ECB's accompanying statement emphasized the resilience of the European economy. The 2025 growth forecast was revised upward to 1.4% year-on-year. While such growth rates cannot be deemed high, they are stable, which
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Chin Zhao,
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