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Euronews
Euronews
Quirino Mealha

ECB holds rates at 2.25% as the reignited Iran war keeps a second hike in play

ECB ING Iran Christine Lagarde Inflation the European Central Bank United States Interest Rates Middle East the Middle East

The European Central Bank kept interest rates unchanged on Thursday, holding steady as it waits to see how much of a lingering energy shock from the Middle East conflict will feed through into eurozone inflation.

The ECB's governing council held the deposit facility rate at 2.25%, with the main refinancing rate staying at 2.4% and the marginal lending facility at 2.65%.

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