ECB sticks to script and keeps interest rates at 4.25%

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The European Central Bank will not meet again to discuss the eurozone’s monetary policy until September.

The Governing Council of the European Central Bank (ECB) decided on Thursday to leave interest rates unchanged, leaving the reference rate for its refinancing operations at 4.25%, the deposit rate at 3.75% and the lending facility rate at 4.25%. 4.50%.

In this way, the ECB pauses the interest rate adjustment it started at its meeting last June, when it cut the money price by 25 basis points.

In a statement, the institution stressed that the latest information broadly supports the Governing Council’s previous assessment of the medium-term inflation outlook.

ECB President Christine Lagarde has stressed that they will not meet again to discuss monetary policy for the eurozone until September.

Source: EITB

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