ECB decides Thursday whether to hold rates at 2.50% as markets look to December
The European Central Bank meets this Thursday, October 29, to decide whether to keep the deposit facility rate at 2.50%, after September's 25-basis-point hike. Markets expect a pause and are focused on Christine Lagarde's press conference and the December meeting, when new projections will be published. Eurozone inflation rose to 3.8% in September, driven by energy, while core inflation held at 2.5%.
In 35 seconds
- The ECB decides this Thursday, October 29, with markets expecting it to keep the deposit facility rate at 2.50%.
- Eurozone inflation rose to 3.8% in September, its highest level in three years, driven by energy, with Brent crude around $115.
- Core inflation held at 2.5%, suggesting no second-round effects for now.
IASummary generated by artificial intelligence from a story by Finect. It may contain errors: the original source prevails.



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