ECB holds rates steady after long streak of cuts | AFP

ECB holds rates steady after long streak of cuts | AFP00:22

Download information and video details for ECB holds rates steady after long streak of cuts | AFP

Uploader:

AFP News Agency

Published at:

7/24/2025

Description:

The European Central Bank holds interest rates steady, hitting pause after a long streak of cuts as policymakers navigate global economic turmoil triggered by volatile US trade policy. The central bank keeps the key deposit rate at two percent, as widely expected. It follows a string of reductions beginning in mid-2024 as the ECB lowered rates in response to easing inflation.