This is a news story, published by CNBC, that relates primarily to The European Central Bank news.
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Monetary policyCNBC
•83% Informative
The European Central Bank left interest rates unchanged on Thursday , after implementing a cut in June .
The decision was widely expected amid ongoing concern over inflationary pressures.
The ECB cited the inflation outlook, the dynamics of underlying inflation and the strength of monetary policy transmission as the reasons behind trimming rates.
Market pricing suggests firm expectations for two more 25 basis point cuts in September and December .
VR Score
93
Informative language
98
Neutral language
87
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formal
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English
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64
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short-lived
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