ECB: Economic, financial and monetary developments

From ecb.europa.eu

At its meeting on 30 April 2026, the Governing Council decided to keep the three key ECB interest rates unchanged. While the incoming information has been broadly consistent with its previous assessment of the inflation outlook, the upside risks to inflation and the downside risks to growth have intensified. The Governing Council is committed to setting monetary policy to ensure that inflation stabilises at the 2% target in the medium term. The war in the Middle East has led to a sharp increase in energy prices, pushing up inflation and weighing on economic sentiment. The implications of the war for medium-term ... (full story)