ECB Maintains Key Interest Rates: Market Analysis
The European Central Bank has decided to keep its interest rates unchanged for the third consecutive month.
The European Central Bank (ECB) announced today that it will maintain its key interest rates, a decision widely anticipated by financial markets.
After ten consecutive hikes, the ECB is taking a pause with a refinancing rate of 4.50%, a deposit rate of 4.00% and a marginal lending rate of 4.75%.
Christine Lagarde stressed that inflation, although declining, remains "too high" in the eurozone.
European stock markets welcomed this decision calmly, with the CAC 40 ending slightly up by 0.3%.
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