ECB Maintains Interest Rates Amidst Inflation Stability

Reported about 13 hours ago

The European Central Bank (ECB) has decided to keep its key interest rates unchanged during its latest policy meeting, as inflation remains stable around its 2% target. Projections indicate modest inflation rates of 2.1% for 2025 and economic growth of 1.2%, up from previous estimates. The ECB emphasized a flexible approach to monetary policy, responding to economic data to ensure inflation stability, and confirmed that current asset purchase programs are tapering off.

Source: YAHOO

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