The European Central Bank (ECB) decided to maintain the interest rate for bank deposits in the euro area at 2%, as inflation in the region is under control and the economy shows resilience in a global context. The ECB Governing Council assessed that the projections are uncertain, particularly due to the lack of clarity surrounding global trade policies and geopolitical tensions. The ECB also keeps the interest rates at the weekly financing auctions at 2.15%, and at overnight lending at 2.40%.
The ECB maintains interest rates at 2% due to contained inflation.