The European Central Bank maintains deposit, refinancing, and lending rates at 2.25%, 2.40%, and 2.65% respectively.
The European Central Bank held its three key interest rates steady in its latest policy decision. The deposit facility rate remains at 2.25%, the main refinancing operations rate at 2.40%, and the marginal lending facility rate at 2.65%.
This decision follows a series of rate hikes aimed at curbing inflation, with the current levels marking the highest in over a decade. Market expectations had largely priced in no change, though some analysts anticipated potential signals for future adjustments.
The central bank provided no immediate indication of near-term rate cuts, keeping policy restrictive amid ongoing inflation concerns.