Reported about 10 hours ago
The European Central Bank (ECB) has decided to keep its key deposit rate at 2%, as it assesses the impact of U.S. tariffs on growth and inflation. This marks the second consecutive meeting with no changes, contrasting with the Federal Reserve, which is anticipated to cut rates soon. The ECB's cautious approach comes amid mixed economic indicators, including a modest growth rate and a slight increase in inflation forecasts, highlighting uncertainty about future inflation and trade dynamics.
Source: YAHOO