The ECB Keeps Its Key Rates Unchanged for the Third Consecutive Meeting

The European Central Bank (ECB) noted that inflation remains close to its medium-term target of 2%. The assessment of inflation prospects by the Governing Council remains largely unchanged. The economy continues to grow despite a challenging global environment, supported by a dynamic labor market, strong private sector balance sheets, and the impact of previous rate cuts. These factors contribute to the resilience of the eurozone. However, economic prospects remain uncertain, particularly due to ongoing global trade disputes and geopolitical tensions. Policymakers have indicated that they will continue to adopt a data-driven approach to monetary policy, tailored to each meeting.