The ECB leaves the interest rates unchanged, with the rate on deposits at 2%, that on main refinancing operations at 2.15%and that on marginal loans at 2.40%. The decision comes after a sequence of eight cuts in interest rates that began in June 2024.
«So far the economy has shown overall good holding capacity in a difficult world context. At the same time, the panorama remains exceptionally uncertain, especially due to commercial disputes ». The European Central Bank writes in the press release in which it also refers to the comparison in place with the US on the duties.