European Central Bank holds all three key interest rates steady
The bank left rates unchanged on October 29, 2026, and said it would decide its next moves meeting by meeting as energy prices continued to rise.
Loading… Բեռնվում է…
The bank left rates unchanged on October 29, 2026, and said it would decide its next moves meeting by meeting as energy prices continued to rise.
The European Central Bank’s Governing Council decided on October 29, 2026, to leave all three key interest rates unchanged. The decision kept existing policy rates in place rather than introducing an increase or a cut.
The bank said financing conditions had tightened since its previous Governing Council meeting, which it expected to affect inflation and growth.
AP also described the rate hold. European stock indexes rose after the decision.
The bank kept the following policy rates unchanged.
| Policy rate | Unchanged level |
|---|---|
| Deposit facility | 2.5% |
| Main refinancing operations | 2.65% |
| Marginal lending facility | 2.9% |
In its decision statement, the bank said continuing increases in energy prices posed risks of higher inflation and weaker economic growth.
The bank said future policy decisions would depend on incoming economic and financial data and would be made meeting by meeting. It did not commit in advance to a particular path for interest rates.
Walmart plans additional automation at 25 US regional distribution centres under the multiyear agreement, which also supports its global supply chain.
2 min
The satellite operator expects access to more than twice OneWeb’s current bandwidth in return for spending in 2027–2034, with initial IRIS² services expected from 2030.
3 min
Microsoft reported $33.17 billion in Azure revenue and a 22% year-over-year decline in Windows OEM and devices revenue. Its reporting overhaul brings quarterly disclosure of Azure’s dollar contribution.
2 min