ECB keeps interest rate at 2% as growth holds up against trade tension

The European Central Bank maintains its deposit facility rate at 2% for the third consecutive meeting, indicating a stable monetary policy amidst global pressures. Despite some economic challenges, the eurozone's GDP grew by 0.2% in Q3 2025 and 1.3% year-on-year. Inflation is near the target of 2%, with core inflation reaching 2.4%. The central bank's rates remain unchanged, with President Lagarde expressing confidence in the current monetary policy. Meanwhile, other central banks, such as the U.S. Federal Reserve and the Bank of Japan, have taken different approaches to support growth.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.