The European Central Bank plans to keep its benchmark interest rate at 2% in September despite geopolitical uncertainties.

ECB officials believe that the current monetary policy stance will remain unchanged, thanks to economic and trade stabilization, in particular after the agreement with the US. Although inflation and growth are on track, there are still signs of geopolitical uncertainty. Christine Lagarde emphasized that although recent trade agreements have brought some clarification, global uncertainty persists. The ECB will avoid cutting interest rates so as not to fuel negative speculation about the economy.