ECB Holds Rates At 2%, As Expected, With Stagflation Looming
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Source: Zero Hedge
Published: 2026-04-30 22:29 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Europe, Military & Defence, Iran, Economy & Finance, Business & Economy, War & Conflict
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Snippet:
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.
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