US EditionEuropean Central Bank leaves rates unchanged as tariff fallout lingers
The European Central Bank maintained rates as inflation aligns with its 2% target and eurozone growth remains modest at 0.1% quarterly, despite challenges from political instability and U.S. tariffs.
- The European Central Bank left interest rates unchanged, maintaining the deposit facility rate at 2%.
- The move comes amid lingering economic uncertainty following U.S. tariffs on EU exports and antitrust actions against firms like Google.
- While inflation is around the ECB's 2% target, growth in the euro zone remains sluggish at 0.1% in the second quarter.
137 Articles
137 Articles
The ECB confirms an overall disinflation in the euro area and emphasises the good maintenance of growth, but it has left its rates unchanged at 2 % while waiting to see more clearly on trade tensions and price developments (which have re-accelerated somewhat), all against the backdrop of the French budgetary crisis.
The European Central Bank leaves the key interest rates unchanged in the euro area.
European Central Bank holds interest rates amid Trump’s tariffs
The European Central Bank left interest rates unchanged Thursday with inflation back under control and the economy weathering Trump’s tariff onslaught better than expected. The bank’s rate-setting council left its benchmark deposit rate unchanged at 2% at a meeting at its skyscraper headquarters in Frankfurt. The focus in Europe has shifted to the fiscal crisis in France and any possible role for the ECB in containing potential market turmoil th…
The ECB holds the key interest rate at two percent and leaves future interest rates open. The US Federal Reserve is also facing difficult decisions in the face of rising inflation. "The situation is particularly volatile and exciting," says Alessandro Tentori, Chief Investment Officer at AXA, in conversation with Dietmar Deffner.
The European Central Bank (ECB) today kept interest rates at their current level, as inflation is back under control and the economy is withstanding US tariffs better than expected.
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