Análisis bancos centrales: BCE y tipos de interés

The European Central Bank recently approved a 25-basis-point cut in interest rates, the second reduction this year after the one announced at the beginning of June. Sonsoles Castillo, from BBVA Research, explains the reasons behind it. It is primarily due to positive inflation data, which, after reaching record highs, has been gradually moderating in a context where it is expected to converge towards the 2% target by mid-2025. 🔔 Subscribe for more economic analysis and outlook from BBVA Research.