Christine Lagarde, president of the European Central Bank (ECB), addresses the annual conference of the board of directors of systemic risks in Frankfurt, Germany, Wednesday, September 3, 2025.
Alex Kraus / Bloomberg via Getty Images
Thursday, the European Central Bank held interest rates while economic uncertainty persists in the wake of the order of the aggressive price of the US Donald Trump.
Before the decision, the markets had evaluated approximately 99% that the BCE deposit deposit rate was left to 2% for the second consecutive period. The central bank has reduced the rates of June to reduce the rates lower compared to the highest record by 4% of last year.
The ECB is struggling with global economic uncertainty, despite inflation in the euro zone hovering around the 2% target of the central bank in recent months, and the EU concluding a trade agreement with the United States
Transatlantic partners have agreed 15% of the EU EU exports to the United States in July, with more details on the executive emerging last month. He answered certain questions for key European sectors such as pharmaceutical products.
However, questions remain like certain problems – such as the provisions of the wine sector and spirits – have been left open. The concerns concerning new prices also increased following the threat of Trump’s reprisals against the EU after hitting AlphabetGoogle with an antitrust fine of $ 3.45 billion.
The fears concerning the impact rates could have on economic growth remains. The growth of the euro zone remained slow, even if the rates fell, the last figures showing only 0.1% growth in the second quarter after an expansion of 0.6% in the previous period.
Although the interest rate decision itself is widely planned, the economists of the Deutsche bank noted last week that “the emphasis will be placed on the signals of the path that awaits us for monetary policy”.
Thursday’s markets should therefore focus on the press conference of the President of the BCE Christine Lagarde and the latest projections for inflation and economic growth. The central bank has updated its economic forecasts for the last time in June.
This is a press article, please come back for updates.
