FRANKFURT (Reuters) -European Central Bank policymakers were in no hurry to cut rates when they met last month as uncertainty remained high and some even thought that no more easing would be needed, the accounts of the October 29-30 meeting showed on Thursday.

The ECB left interest rates unchanged at the meeting, arguing that policy was in a “good place” as the economy was showing resilience and inflation was firmly at target.

This solidified confidence among investors that no further rate cut was coming this year and markets now see just a one-in-three chance of more easing in 2026.

“There continued to be a high option value to waiting for more information,” the ECB said in the accounts of the October meeting. “The current level of policy rates should be seen as sufficiently robust for

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