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International Business Times
International Business Times
Business

Grigory Burenkov: "The European Economy: A Soft Landing Amid Change"

Grigory Burenkov
Grigory Burenkov, founder of Wheelerson Management Ltd and owner of Osome Group

The European Central Bank (ECB) recently announced its seventh consecutive cut of key interest rates by 25 basis points. The deposit rate, which serves as the main benchmark of monetary policy, has reached 2.25% — the lowest level in more than two years.

European financial markets, without exaggeration, had been eagerly anticipating this ECB meeting following U.S. President Donald Trump's recent announcement of new tariff measures on European goods. And now the decision has been made: the regulator continues its course toward the gradual easing of monetary conditions.

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