Xinhua
30 Oct 2025, 23:15 GMT+10
This marks the third consecutive hold since July.
FLORENCE, Italy, Oct. 30 (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. The deposit facility rate -- the ECB's main policy rate -- was maintained at 2.0 percent, and the main refinancing operations rate and the marginal lending facility rate remained unchanged at 2.15 percent and 2.40 percent respectively, marking the third consecutive hold since July.
According to the ECB, annual inflation in the eurozone increased to 2.2 percent in September from 2.0 percent in August, remaining consistent with their 2 percent target in medium term. The Governing Council's assessment of the inflation outlook is broadly unchanged.
"Most measures of longer-term inflation expectations continue to stand at around 2 percent, supporting the stabilization of inflation around our target," said the ECB.
Citing Eurostat's latest preliminary data, the ECB said that the eurozone economy grew by 0.2 percent in the third quarter of 2025. While the service sector grew, manufacturing was hit by "higher tariffs, still-heightened uncertainty and a stronger euro."
The economic outlook remains uncertain despite growth, the ECB underlined, particularly due to ongoing global trade frictions and geopolitical tensions.
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