ECB Holds Rates At 2%, As Expected, With Stagflation Looming

ECB Holds Rates At 2%, As Expected, With Stagflation Looming The European Central Bank kept interest rates unchanged, as expected, with officials signaling they need more time to assess the extent of the Iran war’s jolt to the economy. The deposit rate was left at 2%, where it’s been since June 2025 and in line with the predictions of all analysts in a Bloomberg survey. The ECB offered no guidance on future decisions, reiterating it will act one meeting at a time based on informatio...