ECB leaves rates steady
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After eight consecutive cuts, policymakers held interest rates steady, noting that “the environment remains exceptionally uncertain.”
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Khaleej Times on MSNECB keeps rates steady as trade conflict clouds economic outlookThe European Central Bank left interest rates unchanged today after cutting eight times in a year, biding its time while Brussels and Washington negotiate over trade.
The European Central Bank left its main interest rate unchanged at 2% as expected on Thursday, taking a break after a year of policy easing to wait for clarity over Europe's future trade relations with the United States.
The European Central Bank (ECB) maintained its interest rate at 2% on Thursday as it put a pause in the rate-cutting cycle amid stable inflation and renewed global uncertainty.
Changes to Key ECB Interest Rates The ECB began its rate-cutting cycle in June 2024, paused in July, and resumed its rate changes in September for back-to-back cuts of 0.25 percentage points at ...
European Central Bank policymakers are setting a high bar for an interest rate cut in September and they would need to see a significant deterioration in growth and inflation before backing further easing,