The European Central Bank is set to maintain key interest rates steady amid slowing inflation and subdued economic growth.
The European Central Bank is expected to leave its main refinancing rate at 2.4% and the deposit facility rate at 2.25% in its upcoming decision. The move follows signs of cooling inflation and weaker economic activity across the eurozone, reducing pressure for further tightening.
Markets anticipate no change after recent data showed inflation easing closer to the ECB’s 2% target. The central bank last adjusted rates in September, pausing after a series of hikes aimed at curbing price pressures. Growth concerns have since taken precedence amid stagnant output in key economies.
The decision will be announced at 12:15 GMT on Thursday, with investors closely watching for signals on future policy direction.