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Europe's central bank holds rate steady amid swings in oil prices
The European Central Bank held interest rates steady at 2.25% amid uncertainty over volatile oil prices affecting inflation. Analysts suggest the decision reflects a pause to monitor energy price swings linked to the US-Iran conflict and ceasefire instability, with a potential rate hike possible at the September 10 meeting.
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- Europe's central bank holds rate steady amid swings in oil prices
- Europe’s central bank holds rate steady amid swings in oil prices
- Europe’s central bank holds rate steady amid swings in oil prices
- Europe's central bank raises rates to fight inflation from Iran war, the Fed to decide next week
- ECB holds interest rates at 2.25%
- Europe’s central bank raises rates to fight inflation from Iran war, the Fed to decide next week