24 July 14:30
The European Central Bank has decided to keep the reference interest rate at 2%, as inflation has stabilized at its target.
Raluca Niculae
International
Pixabay
The ECB decided on Thursday to leave its key interest rate unchanged at 2% as inflation returns to its 2% target and the cost of borrowing falls. The Governing Council emphasized that there was no pressure for immediate action given global trade uncertainties. Analysts await further details from ECB President Christine Lagarde's press conference, which will address the reasons behind the decision.
Sources
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