The European Central Bank has decided to keep its benchmark interest rate at 2%, pending clarification in trade talks with the US.
Raluca Ioana Draghici
Economy
www.shutterstock.com
Always see our news on Google
The ECB postponed any cut in its benchmark interest rate, keeping it at 2%, because of uncertainty over US tariffs on European goods. President Christine Lagarde indicated the bank was nearing the end of its monetary policy cycle, but trade risks have prompted a pause. Economic growth was 0.6% in the first quarter and inflation eased to 2%, supported by a stronger euro and falling oil prices.
Sources
Latest News
07:24
OpenAI announced that it has blocked a group of ChatGPT accounts from Russia used for disinformation and covert propaganda.
07:11
The Champions League play-off / LASK Linz made a spectacular comeback in the match against Celtic. Historic qualification also for Sabah Baku.
22:59
Two unvaccinated people from Pennsylvania have died from measles, marking the first time in 35 years that deaths from this cause have been recorded.
22:52
Mihailo Fedorov, former Minister of Defense, warns that Ukraine is losing the war against Russia and has a limited window to make strategic decisions.
22:45
Prime Minister Bolojan: The allocations and scholarships for students remain unchanged
See more news
NEWS ON THE SAME TOPICS
.webp)
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
