ECB Officials Sticking to Steady-Rates Plan After Trade Deal

European Central Bank officials are increasingly convinced they can keep interest rates unchanged in September, according to people familiar with the matter who don’t see the trade deal between Brussels and Washington causing major economic concerns.

Since rates were left at 2% last month, growth and inflation have developed largely in line with the ECB’s June outlook, said the people, asking not to be identified discussing confidential debates. That foresaw price pressures dipping in 2026 before hitting the 2% goal again in 2027.