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Euronews
Euronews
Piero Cingari

ECB holds rates as inflation cools and economy stays resilient

ECB Inflation Euro Interest Rates Joe Nellis Christine Lagarde Bank of America

The European Central Bank has kept interest rates unchanged, saying inflation is on track to return to its 2% target even as global trade tensions and geopolitical risks cloud the outlook.

The Governing Council said on Thursday that it would leave its three key rates steady, with the deposit facility at 2.00%, the main refinancing rate at 2.15% and the marginal lending rate at 2.40%.

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