Urgent: ECB keeps rates on hold again as inflation nears target-Xinhua

Urgent: ECB keeps rates on hold again as inflation nears target

Source: Xinhua

Editor: huaxia

2025-09-11 20:27:00

FRANKFURT, Sept. 11 (Xinhua) -- The European Central Bank (ECB) decided on Thursday to leave its key interest rates unchanged at its latest policy meeting, noting that inflation is currently close to its medium-term target of 2 percent.

In June, the ECB cut the deposit facility rate, its main tool for steering monetary policy, to 2 percent and kept it unchanged in July. The rate was kept on hold again at Thursday's rate-setting meeting.