News · ECB

Monetary policy decisions

The ECB Governing Council decided to keep its three key interest rates unchanged: 2.50% on the deposit facility, 2.65% on main refinancing operations and 2.90% on the marginal lending facility. Energy prices have kept rising, posing upside risks to inflation and downside risks to growth, while underlying inflation has been broadly stable and wages show no material response yet. Financing conditions have tightened since the last meeting, which is likely to weigh on inflation and growth. The Council aims for inflation to stabilise at its 2% target in the medium term, is not pre-committing to a rate path, and stands ready to adjust all its instruments within its mandate.

Summary written by Upside AI from the original article. Read the source for full details.

Read the original on ECB ↗

Keywords

ECBinterest ratesinflationeurocentral bank

Open a keyword to see other news on the same topic.

Related tickers and likely impact

EUR/USD

• Neutral

Relevance: medium

MarketCurrencies
Close on 10/28/20261.11540
Change that session+0.24%
EUR/USD price, forecasts and signals →

DXY

• Neutral

Relevance: medium

MarketCurrencies
Close on 10/28/2026102.14
Change that session-0.22%
DXY price, forecasts and signals →

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

Related news

  • Christine Lagarde, Boris Vujčić: Monetary policy statement

    The ECB Governing Council decided to keep its three key interest rates unchanged. Energy prices kept rising, raising upside risks to inflation and downside risks to growth, and financing conditions have tightened since the last meeting. Inflation rose to 3.8% in September from 3.2% in August, with energy inflation at 18.9% (from 14.3%) and inflation excluding energy at 2.3% (from 2.1%). The unemployment rate was 6.4% in August, and the wage tracker projects negotiated wage growth of 2.5% to 2.8% for the rest of 2026 and an average of 2.6% in the first three quarters of 2027. The ECB said it will set policy based on data at each meeting and is not pre-committing to a rate path.

    ECB·• EUR/USDECBinterest ratesinflation
  • International Business : Euro zone private sector growth slows

    The S&P Global flash euro zone composite PMI fell to 51.9 in October from 53.1 in September, its lowest since June and below every forecast in a Reuters poll, as energy-driven cost increases and a renewed contraction in France weighed on activity. Input costs rose for a second consecutive month, but firms raised selling prices more slowly than in September, suggesting squeezed margins. Higher interest rates are also starting to dampen demand, and a Reuters poll expects the ECB to hold its 2.50% deposit rate next week before raising it by 25 basis points in December, as inflation runs at nearly double its 2% target. Business confidence fell to a five-month low, with manufacturing seeing the sharpest drop, while France showed contraction and its business confidence hit the lowest since 2012 outside the pandemic period. French government borrowing costs have also jumped on investor concerns about the country's finances.

    gdnonline.com·▼ EUR/USD▲ DXYEuropeECBinterest rates
  • UBS adds March rate hike to ECB forecast . Here is why | Hellenic Shipping News Worldwide

    UBS now expects the ECB to deliver an extra 25-basis-point hike to 3% in early 2027, most likely on March 18, after raising its eurozone inflation outlook. It still expects a hold at 2.5% at the October 29 meeting and a hike to 2.75% in December, as September inflation of 3.8% is seen peaking at 4% in January 2027. Risks are two-sided: rates could peak at 2.75% if French bond tensions or tighter financial conditions prompt an earlier stop, or rise further if Middle East tensions lift energy prices. UBS expects cuts to begin in the first quarter of 2028, bringing the deposit rate back to 2.25% by the third quarter, and considers an early activation of the TPI for French bonds unlikely.

    hellenicshippingnews.com·▲ EUR/USD▼ DXYECBinterest ratesinflation
  • ECB may raise rates by 50 bps by mid - 2027 as energy prices fuel inflation : Reportazerbaijannews.net·▲ EUR/USD▼ DXYECBinterest ratesinflation
  • ECB may raise rates by 50 bps by mid - 2027 as energy prices fuel inflation : Reportnigeriasun.com·▲ EUR/USD▼ DXYECBinflationinterest rates
  • ECB may raise rates by 50 bps by mid - 2027 as energy prices fuel inflation : Reportmassachusettssun.com·▲ EUR/USD▼ DXYECBinflationinterest rates

Related markets

Currencies →

Latest news

  • Azure fuels Microsoft's earnings beat

    Microsoft (MSFT) beat fiscal first-quarter earnings expectations, driven by strong growth in its Azure cloud business. Yahoo Finance's Brian Sozzi breaks down what is driving Microsoft's momentum and why it stands out as Alphabet (GOOGL, GOOG) pulls back.

    Yahoo Finance·▲ MSFT
  • Home prices fall and rents rise, both for the first time in three years

    High mortgage rates and broader economic concerns have frozen the U.S. housing market for months. According to Redfin, the median U.S. home sale price fell 0.1% year over year in the four weeks ending Oct. 25, the first decline in more than three years. Mortgage rates are roughly a full percentage point above a year earlier, pushing the typical monthly payment to the second-highest level on record. Pending home sales kept falling, with National Association of Realtors data showing September sales at a 25-year low, while new listings are at their lowest since the start of the year as sellers lose leverage. Renters are staying put, and Apartment List reported median rent rose 0.1% in October, the first gain in over three years, while the national vacancy rate stood at 7% and continued to decline after peaking earlier this year.

    CNBC·
  • What interest rates do MB, VPBank, Techcombank, Sacombank, SHB, HDBank and ACB offer on 24-month deposits under VND 1 billion on October 29?

    Based on published rate tables, VPBank offers the highest counter rate for 24-month deposits under VND 1 billion at 6.9% per year, followed by MB at 6.5%, Sacombank at 6.3% (for VND 500 million to under VND 2 billion), SHB at 5.9%, HDBank and ACB at 4.9%, and Techcombank at 4.85%. For online deposits, Sacombank leads at 7.3% per year for the VND 500 million to under VND 2 billion group, followed by VPBank at 7.1%, MB at 6.5%, SHB at 6.2%, Techcombank at 5.35%, and HDBank at 5%. ACB's online table shows terms only up to 12 months, so no 24-month rate is available for comparison. The gap between the highest and lowest online rates in the table is 2.3 percentage points per year. The article notes that rates may change over time and by bank policy, and that the rate actually applied depends on the agreement between the bank and the depositor.

    CafeF·
  • Steve Eisman gets more conservative with portfolio as AI trade nears 'tipping point'

    Steve Eisman, known for “The Big Short,” believes the AI trade is nearing a “tipping point,” but he is not ready to bet outright against it. He says he has become much more conservative, shorting against the box many of his positions to cut risk, while remaining not net short. His main concern is that frontier algorithm models are exploiting fear around their technology to build a regulatory moat and obscure faltering fundamentals. He expects Anthropic's revenue to decelerate significantly from the prior quarter, citing a revenue-to-equipment-expense ratio of 2.08 in the second quarter and 1.7 in the third. He also said Google's numbers scared people, as its core advertising business pulled back while AI queries supplant internet search.

    CNBC·▼ QQQ▼ NVDA
  • Hot takes on hot wings, the state of the running shoe market, and Microsoft's recent quarter

    Yahoo Finance Executive Editor Brian Sozzi reviews the latest earnings reports, including Google (GOOG), Microsoft (MSFT), Chipotle (CMG), and Wingstop (WING), along with why C-suite leaders are examining Anthropic's S-1. The segment also features an interview with Brooks Running CEO Dan Sheridan, whose company is a subsidiary of Berkshire Hathaway, Inc. (BRK-A) (BRK-B), on the state of the running shoe market and the New York City Marathon.

    Yahoo Finance·
  • Amazon to report Q3 results as AI growth takes center stage

    Amazon will report its third-quarter results on Thursday, one day after Google's disappointing earnings sent its shares down more than 12%. Bloomberg analyst consensus projects EPS of $1.97 on revenue of $202.25 billion, versus EPS of $1.95 and revenue of $180.16 billion a year earlier. AWS revenue is expected at $45.68 billion, up 38% from $33 billion in Q3 2025, while online store sales are seen at $69.6 billion (up 3%) and advertising at $20.91 billion (up 18%). KeyBanc cites AWS's Graviton chip and Bedrock platform as advantages, while UBS expects AWS operating margins of 46% for 2027 versus street estimates of 39%. Investors will also watch Amazon's capital expenditures, which, like those of its peers, run to tens of billions of dollars on AI infrastructure.

    Yahoo Finance·• AMZN

All news →

Get the briefing on Telegram or Zalo

Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.