Analysis: The ECB will likely hold interest rates steady tonight, market reaction may be muted

On July 24 (UTC+8), TD Securities strategists expect the ECB to keep the deposit rate unchanged at 2.00% tonight, saying that market reaction may be muted as the meeting is unlikely to release new policy signals. Strategists believe that the ECB may need to emphasize both the resilience of the Eurozone economy and the unusually severe global uncertainty. The ECB is expected to continue to adhere to a data-driven, meeting-by-meeting policy path. (Source: Bitpush) [MetaEra]