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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The ECB is expected to keep interest rates unchanged at 2.25% during its July 23 meeting, while maintaining the option for a 25bp hike in September. Recent data shows tighter borrowing conditions in the Euro area, with 42% of firms reporting higher loan rates in Q2. While analysts generally expect rates to remain steady this Thursday, some experts suggest that a surprise rate hike cannot be entirely ruled out.