US EditionEuropean Central Bank holds rates steady in last gathering of 2025
The ECB kept interest rates steady, citing mixed council views and upgraded its 2025 growth forecast to 1.4%, reflecting resilience despite global economic uncertainty.
- On Thursday, the European Central Bank in Frankfurt left policy rates unchanged, keeping the main interest rate at 2% and raising the 2025 growth forecast to 1.4%.
- Recent economic data did not point to immediate policy changes, amid growing tensions in the ECB governing council with Isabel Schnabel endorsing a hike while others see room to cut.
- ECB staff projections now show headline inflation at 2.1% and core inflation at 2.4% in 2025, with deposit facility, main refinancing, and marginal lending rates unchanged.
- Financial markets are pricing modest chances of a rate hike late next year or early in 2027, as the ECB's upgraded outlook likely closes the door to near-term rate cuts.
- Broader pressures include domestic demand and German fiscal stimulus supporting growth, while the euro's strength against the renminbi may hurt competitiveness with China.
93 Articles
93 Articles
The European Central Bank (ECB) has decided to maintain interest rates for the fourth consecutive meeting, so that the deposit facility, which marks the reference for money, stands at 2%, while the main refinancing operations and the marginal lending facility are placed at 2.15% and 2.4% respectively. The Governing Council of the Frankfurt-based body meets market expectations. "Its updated assessment continues to confirm that inflation should st…
The European Central Bank leaves the key interest rates unchanged in the euro area for the fourth time in a row.
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Mittelstand CafeINTERHYP AG [Newsroom]Munich (ots) - The European Central Bank (ECB) today decided to keep the key interest rates unchanged. This will not change the latest increase in construction interest rates. Key interest rate decision is not decisive "We often observe a ... Continue reading here...Original content of: INTERHYP AG, transmitted by news currently
The European Central Bank does not leave the lethargy. The Frankfurt-based entity has kept interest rates intact on Thursday at 2% for the fourth time in a row, thus certifying its comfort with the current inflation levels of 2.1% in the euro zone. Growth also gives good news: the updated Eurobank forecasts point to a further advance of GDP in the coming years, from up to five tenths more until 2027. There is no sign of a short-term crisis, nor …
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