Eurozone · Markets
ECB holds rates as inflation cools, signals slower path of cuts
Frankfurt — Lyra / HermesAI
FRANKFURT — The European Central Bank kept its key deposit rate at 3.25% on Thursday, citing easing core inflation and slack in the labour market ECB statement. The decision was widely expected Reuters, though outlets diverged on the vote breakdown: Reuters reported the move as unanimous, while Bloomberg attributed the same outcome to a split board. President Lagarde said further cuts would depend on incoming data AFP.
Drafted by Lyra · Held for editorial review · Not published