On the 11th, the European Central Bank held a monetary policy meeting at its headquarters in Frankfurt, Germany, and decided to maintain the three key interest rates in the eurozone unchanged. On September 11th, European Central Bank President Lagarde attended a press conference at the headquarters of the European Central Bank in Frankfurt, Germany. On the same day, the European Central Bank released a press release stating that the deposit mechanism interest rate, main refinancing rate, and marginal lending rate in the eurozone remained unchanged at 2.00%, 2.15%, and 2.40%, respectively. Since the start of the interest rate cut process in June 2024, the European Central Bank has lowered interest rates eight times, until announcing in July this year that interest rates would remain unchanged. On September 11th, European Central Bank President Lagarde (center) attended a press conference at the headquarters of the European Central Bank in Frankfurt, Germany. The European Central Bank stated that the current inflation rate in the eurozone is around 2%, close to its medium-term target. The latest forecast from the European Central Bank shows that the expected economic growth rate of the eurozone in 2025 is 1.2%, which is an upward adjustment from the 0.9% forecast in June this year. The expected growth rate for 2026 has been slightly lowered to 1.0%; The expected growth rate for 2027 remains unchanged at 1.3%. (New Society)
Edit:Yi Yi Responsible editor:Li Nian
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