Published 07/18/2024 12:20:23 p.m.

ECB keeps interest rates unchanged, as expected

The European Central Bank kept its key interest rate unchanged at 3.75%, led by President Christine Lagarde to control inflation before considering a rate cut further.
"Domestic price pressures are high, services inflation elevated, and headline inflation expected to stay above target well into next year," stated the bank.
Lagarde and the rate-setting council maintained the deposit rate at 3.75% following the previous meeting on June 6.

Insights by Ground AI

Does this summary seem wrong?

0 Articles

All

Left

Center

Right

Associated Press News

European Central Bank leaves key interest rate at 3.75%, waits for signs inflation is under control

The European Central Bank left its key interest rate benchmark unchanged Thursday as its rate-setting council and President Christine Lagarde take their time to make sure stubborn inflation is firmly under control before lowering rates again.

07/18/2024 7:24:33 a.m.·United States

Read Full Article

abc News

European Central Bank leaves key interest rate at 3.75%, waits for signs inflation is under control before cutting again

07/18/2024 12:15:46 p.m.·United States

Read Full Article

Globo

BCE keeps interest rates unchanged; reference rate remains at 3.75%.

The decision was widely expected; now, the market awaits the comments of ECB President Christine Lagarde to know the next steps of monetary policy.

07/18/2024 12:23:34 p.m.·Brazil

Read Full Article

News24

Interest rates unchanged - but two MPC members wanted a cut

As expected, the SA Reserve Bank's monetary policy committee (MPC) left interest rates unchanged at the highest level in 15 years.

07/18/2024 12:47:12 p.m.·South Africa

Read Full Article

Winnipeg Free Press

European Central Bank leaves key interest rate at 3.75%, waits for signs inflation is under control

07/18/2024 7:19:59 a.m.·Winnipeg, Canada

Read Full Article

Shropshire Star

European Central Bank leaves key interest rate at 3.75%

The European Central Bank left its key interest rate benchmark unchanged on Thursday as its rate-setting council and president Christine Lagarde take their time to make sure inflation is under control before lowering rates again.

07/18/2024 3:50:15 p.m.·Ketley, United Kingdom

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year