According to the "updated assessment," the ECB expects inflation to stabilize around the 2 percent target in the medium term.
Market Response: Following the Fed's cuts, financial institutions tend to adjust their rates accordingly. For instance, the average rate for home equity lines of credit (HELOCs) has dropped from 8.55% ...
After four quarter interest rate cuts in 2025, the Bank of Canada has ended the year with a hold and signalled that rates are going to stay at 2.25 per cent for some time to come. Bank of Canada Gov.