ECB holds rates steady after long streak of cuts

Quelle: AFP (Glomex)

The European Central Bank holds interest rates steady, hitting pause after a long streak of cuts as policymakers navigate global economic turmoil triggered by volatile US trade policy. The central bank keeps the key deposit rate at two percent, as widely expected. It follows a string of reductions beginning in mid-2024 as the ECB lowered rates in response to easing inflation. SOUNDBITE