Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
South Korea Warns Weak Won Could Push Inflation Higher in 2025 
Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist 
Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly 
Canada Stocks Steady as Markets Await Fed and BoC Decisions 
ECB Signals Steady Rates Ahead as Policymakers Warn of Inflation Risks 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
The European Central Bank (ECB) held interest rates on the main refinancing operations, the marginal lending facility and the deposit facility unchanged at 0.00%, 0.25% and -0.50%, respectively, as was widely expected.
The shared currency was largely unfazed post ECB policy meeting. Markets now focus on ECB President Christine Lagarde's remarks at the post-meeting press conference for cues about a potential withdrawal of monetary accommodation.
Market Reaction: (1235 GMT)
EUR/USD: 0.07% lower at 1.1594
EUR/GBP: 0.05% lower at 0.8434
EUR/JPY: 0.24% lower at 131.72
EUR/CHF: 0.08% higher at 1.0648
