ECB Maintains Interest Rates at 2%

Reported about 9 hours ago

The European Central Bank (ECB) has decided to keep its interest rates steady at 2% for the third consecutive month amidst ongoing inflation management efforts. ECB President Christine Lagarde emphasized a data-dependent approach to future monetary policy, noting the need to stabilize inflation at the 2% target. This decision comes after multiple rate cuts over the past year, aimed at supporting the euro economy in the wake of various global challenges.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis