ECB to Hold Rates as Economy Withstands Tariffs: Decision Guide

The European Central Bank is set to leave interest rates on hold for a second meeting, convinced the economy can endure President Donald Trump’s tariffs and renewed political turmoil in France.

The deposit rate will be held at 2% on Thursday, according to all 59 economists in a Bloomberg survey. Analysts see no more cuts this cycle, while fresh quarterly projections should temper fears that inflation will become lodged below 2%.