Sam Miley, Managing Economist and Forecasting Lead, Cebr (The Centre for Economics and Business Research - economics consultancy) spoke to CGTN Europe. The European Central Bank (ECB) has kept its interest rate at 2%, pausing its rate-cutting cycle as it nears inflation targets and awaits the outcome of US trade negotiations. Sam interprets this as a wait-and-see approach, considering the potential impact of US-EU trade deal outcomes on the Eurozone.
