Source: Xinhua
Editor: huaxia
2025-09-11 20:50:15
FRANKFURT, Sept. 11 (Xinhua) -- The European Central Bank (ECB) on Thursday kept its key interest rates unchanged, saying eurozone inflation remains broadly under control.
All three benchmark rates stayed on hold, with the deposit facility rate - the ECB's main policy rate - maintained at 2.0 percent, where it has stood since the last rate cut in June.
"Inflation is currently around the 2-percent medium-term target and the Governing Council's assessment of the inflation outlook is broadly unchanged," the central bank said in a statement.
According to the ECB staff's latest projections, euro-area inflation is expected to average 2.1 percent in 2025 and 1.7 percent in 2026. The bank also raised its eurozone economic growth forecast for 2025 to 1.2 percent, up from 0.9 percent in its June forecast. ■