The European Central Bank has decided to maintain interest rates at 2%, despite the economic challenges posed by the tariffs imposed by Trump.
Raluca Niculae
Current Affairs
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At a recent meeting, the European Central Bank decided to maintain the deposit reference rate at 2%, due to controlled inflation and a more resilient economy than anticipated. President Christine Lagarde will discuss the fiscal crisis in France and its impact on the markets. Additionally, eurozone countries recorded a modest growth of 0.1% in the second quarter, and a recent agreement between the EU and the US set a cap of 15% on tariffs imposed by Trump, providing some stability to trade.
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