ECB holds rates steady
Digest more
The rate cut cycle of the European Central Bank (ECB) is estimated to be largely over, but the bank may still resume cutting rates in the medium term, experts say. The ECB is expected to leave its policy rates unchanged at its December meeting, but estimates for rate hikes in the medium term have now come on the agenda.
The European Central Bank is expected to hold interest rates steady Thursday for its fourth meeting in a row as inflation remains in check, although debate is heating up about
Central banks in big economies are signalling a change of stance as the Bank of Japan raised interest rates to a 30-year high on Friday.
Traders are increasingly betting that central banks across Europe are all but done with interest-rate cuts. Money markets show the European Central Bank , Sweden’s Riksbank and Norway’s Norges Bank are all expected to keep rates steady when they meet tomorrow,
Discover the European Central Bank's key functions, structure, and role in Eurozone monetary policy, ensuring price stability among the 19 countries using the euro.
European shares made broad-based gains on Thursday, with lower-than-expected U.S. inflation strengthening hopes for Federal Reserve interest rate cuts in 2026 and the European Central Bank taking a more positive view of the economy after keeping rates on hold.
The Bank of England cut its key interest rate to 3.75 percent on Thursday after UK inflation eased faster than expected and as the economy weakens.