European Central Bank keeps rates on hold as US tariffs cloud outlook
- Posted on July 24, 2025
- By Yahoo News
- 1 Views
European Central Bank keeps rates on hold as US tariffs cloud outlook
The European Central Bank (ECB) has chosen to keep interest rates steady as uncertainty persists over the threat of higher US tariffs. The announcement by the ECB's Governing Council was widely expected, especially since inflation in the 20-nation eurozone stood at the central bank's 2% target in June.