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Stock impact report

European Central Bank leaves rates unchanged with economy showing signs of modest growth [Globe and Mail, The (Toronto, Canada)]

S&P Global Inc. (SPGI) 
Last s&p global inc. earnings: 4/28 07:10 am Check Earnings Report
US:NYSE Investor Relations: stocktwits.com/symbol/s
countries that use the euro increasingly looks strong enough to get by without the stimulus of lower borrowing costs for businesses and consumers. The bank's rate-setting council left the benchmark deposit rate unchanged at 2%, where it has been since a rate cut in June. Economists now think the rate could stay there for months - and possibly into 2027. That's because the ECB remains poised between inflation that's just a bit too persistent and growth that's underwhelming but steady after a trade deal with the US remove some of the uncertainty that had held back business planning. Higher rates fight inflation while cuts support growth. The bank said in a statement following the decision that economic growth “is expected to be stronger” than in the bank's last projections in September, while inflation in services businesses was declining more slowly, even as overall inflation was expected to stabilize at the bank's 2% target. Surveys of purchasing managers by S&P Global slipped Show less Read more
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