ECB holds rates despite inflation and Lagarde announces 2027 departure

FinanceInternationalPulzoOct 30, 2026, 5:51 AM35 s readAI summary

The European Central Bank kept its interest rates unchanged at its October meeting, as markets expected, despite faster inflation in the eurozone. The deposit rate stays at 2.5%, main refinancing operations at 2.65% and the marginal lending facility at 2.90%. Inflation reached 3.8% in September from 3.2% in August, driven by energy. At the same meeting, Christine Lagarde announced she will leave the ECB presidency on February 7, 2027.

In 35 seconds

The ECB kept the deposit rate at 2.5%, main refinancing operations at 2.65% and the marginal lending facility at 2.90%
Eurozone inflation rose to 3.8% in September from 3.2% in August, driven by energy prices
The ECB reaffirmed its goal of bringing inflation to 2% over the medium term

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IASummary generated by artificial intelligence from a story by Pulzo. It may contain errors: the original source prevails.

BCE
tasas de interés
inflación
eurozona
Lagarde

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ECB holds rates despite inflation and Lagarde announces 2027 departure

In 35 seconds

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Keep reading

IMF backs economic rescue bill as Banco de la República calls for rigor in its review

Parks and attractions in Colombia generated US$1.095 billion in 2024, according to IAAPA

President requests urgent congressional passage of fiscal adjustment bill

Oil edges lower after U.S. bombs Iran ahead of Election Day