ECB holds steady on rates amid inflation concerns. No change at July 2026 meeting at 93.5% YES.

The European Central Bank raised rates for the first time since 2023, fighting inflation even as growth weakens. Inside a textbook stagflation bind.

ECB holds steady on rates amid inflation concerns. No change at July 2026 meeting at 93.5% YES.

The ECB raised rates to 2.25% and cut 2026 growth forecasts to 0.8% as Middle East conflict drives energy prices and inflation toward 3.4%.