The European Central Bank (ECB) is about to lower interest rates for the final time before an increasingly complicated inflation outlook risks bringing internal divisions to

In April, in the midst of high market volatility, the BoC kept overnight interest rates unchanged at a target of 2.75 per cent. Given the trade tensions with the US, Andrew Hencic, director of TD Economics, said two cuts of 25 basis points each could help support Canada’s economy without risking more price inflation.

German inflation eased to 2.1% in May, closer to the ECB's 2% target, bolstering the argument for a rate cut. While inflation is projected to decline further, economic uncertainties may require varied policy responses in the future.