The European Central Bank (ECB) left interest rates unchanged for a fourth straight meeting, amid ongoing global economic uncertainty. The ECB’s governing council kept its main interest rate at 2 per cent once more, the bank said in a statement. As recently as last June, the ECB expected growth this year to come in at just 0.9 per cent. The forecasts are seen as an indicator of what the ECB’s next move on interest rates will be. Her comments reflect the rapidly shifting outlook for interest rates.

Source: The Irish Times December 18, 2025 14:06 UTC