ECB holds interest rates steady
The European Central Bank kept interest rates unchanged at 2.25%, leaving the door open for another increase in the coming months due to rising energy prices resulting from the escalation of the war in the Middle East. The bank indicated that forecasts suggest the possibility of implementing additional rate hikes by the end of the year, particularly at the September meeting, supported by recent data pointing to stable inflation and economic growth despite the heightened uncertainty surrounding the impact of the energy price shock.
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