Frankfurt, Germany, Oct 29, 2026 (AFP) - ECB holds rates steady after Lagarde says to quit early

NAMPA / AFP

2026-10-29

The European Central Bank on Thursday held interest rates steady despite rising inflation fuelled by the Iran war energy shock, just hours after President Christine Lagarde announced she would step down early. As expected by economists, the central bank for the 21 nations that use the euro left its benchmark rate unchanged at 2.5 percent, after having already lifted it twice this year. The ECB is seeking to walk a fine line between tamping down i......

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