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ECB
abbreviation
European Central Bank
Example Sentences
Earlier this month, the ECB left its key rate unchanged for the second straight month, having lowered it to 2% from 4% between June 2024 and June 2025.
With inflation rising above the 2% level deemed optimal by rate setters, the ECB looks more likely to leave interest rates on hold for a third-straight meeting at the end of this month.
That will prompt the ECB into renewed cuts to interest rates, he said.
Still, ECB rate setters expect that rise in inflation to be short-lived, and are more concerned about undershooting the 2% level next year.
Despite the increase in inflation in September, ECB leaders are sanguine about potential pressures on prices.
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