The European Central Bank (ECB) held its interest rate steady at 2%, leaving uncertainty over the outcome of US-EU trade negotiations unresolved.
The decision, made by the ECB’s monetary policy committee, aimed to stabilize financial markets and support economic growth in the eurozone amid rising inflation concerns. However, the move was met with caution due to lingering doubts about the potential impact on global economic trends.
The ECB has maintained its cautious stance, choosing not to alter interest rates despite growing pressure from some quarters to intervene.
Source: https://www.reuters.com/world/europe/live-ecb-set-hold-rates-steady-amid-uncertainty-over-us-eu-trade-deal-2025-07-24