Mark Veldon, Co-Head of EMEA and UK Country Co-Leader comments on the latest European Central Bank rate decision

“As many expect, the European Central Bank has lowered rates once again, in line with its steady approach to easing monetary policy. With global trade tensions mounting in the last week, and fears of a slowdown growing, it's clear that the main priority is supporting growth across the region.

For businesses operating in Europe, there are still promising signs. Falling energy prices and a stronger euro should offer relief even amid wider uncertainty. While it’s still unclear how these global trends will play out, the expectations of further rate cuts on the horizon is positive news. For now, businesses should monitor these developments closely and take a measured approach before making any significant strategic decisions.”