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Tuesday
04
Aug 2026
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Athens 29°C

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ECB keeps interest rates unchanged at 2.25%, pausing after June hike

The central bank chose to wait and assess the depth of the Middle East crisis before setting its final strategy for the end of 2026

Eurozone economy contracted by 0.2% in the first quarter, complicating ECB interest rate plans

GDP fell by 0.2% according to Eurostat against a previous estimate of 0.1% growth - Ireland's GDP dip "erased" growth at the beginning of the year

The ECB decides on interest rates under the threat of a resurgence in inflation

Conflicts in the Middle East are fueling fears of a new upward trend in inflation

Lagarde: ECB determined to prevent another 2022 inflation shock

"We will do what is necessary to ensure that inflation remains under control", the ECB chief assured

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