ECB keeps interest rates on hold; deposit rate stays at 2.0% By Investing.com

On October 30th, the European Central Bank maintained interest rates, signaling comfort with the current economic situation. The eurozone grew by 0.2% in Q3, surpassing expectations, and businesses in Germany are feeling more optimistic. Inflation is slightly above target, but not alarmingly so. However, uncertainty persists due to international trade tensions, with the EU-US tariff deal and the ongoing US-China trade dispute casting a cautious tone on Europe's economic outlook.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.