ECB KEEPS INTEREST RATES ON HOLD

[twitterx.robots.farm]

The European Central Bank (ECB) kept its deposit rate unchanged at 2%, as expected by the market.

The ECB has cut its key interest rate eight times in the past 12 months, starting in June 2024.

Inflation is close to the ECB's 2% target.

➤ Forecasts are for 2.1% in 2025, 1.7% in 2026 and 1.9% in 2027.

➤ Core inflation (excluding food and energy costs) is expected to remain at 2.4% in 2024.

Economic growth in the euro area remains weak.
➤ The economy grew just 0.1% in the second quarter, compared to 0.6% in the first quarter. ➤ Growth is now forecast at 1.2% in 2025 (up from 0.9%) and 1% in 2026.

[Pitchfork_IS_power]

And what do you think this will lead to?

[Jibon1199]

$UDS reaching $2 is just a preview of what’s coming next

[Maxwell]

The ECB holding rates steady at 2% shows they’re prioritizing stability now that inflation is nearly back at target.

[rafihasan]

Interesting to see growth forecasts revised up for 2025 despite current weakness — looks like the ECB expects the easing cycle to kick in gradually.

[Nahiar806]

Core inflation staying sticky at 2.4% in 2024 could keep the ECB cautious, even if headline numbers look on track.

[a47df65513]

The ECB holding steady at 2% shows they’re comfortable with inflation nearing target, even as growth remains sluggish.

[Maxwell]

The ECB holding steady at 2% shows they’re comfortable with inflation nearing target, even as growth remains sluggish.

[The_Walking_Dead]

ECB holding rates steady at 2% shows they’re prioritizing stability ️ With weak growth and inflation near target, it feels like they’re walking a fine line — avoiding recession risks but not loosening too early. 2025–2026 could be defined by slow, careful recovery. ️

[Nahid10]

Forecasts are for 2.1% in 2025, 1.7% in 2026 and 1.9% in 2027.

[Dave]

More holders mean more strength, we are just getting started

[Nahid10]

Inflation is close to the ECB's 2% target.

➤ Forecasts are for 2.1% in 2025, 1.7% in 2026 and 1.9% in 2027.

[Nahid10]

➤ Core inflation (excluding food and energy costs) is expected to remain at 2.4% in 2024.

[jacson4]

Inflation is close to the ECB's 2% target.

[Couturier]

ECB keeping rates at 2% shows they’re prioritizing stability ️ but with weak growth forecasts, the challenge will be balancing inflation control with stimulating the economy