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Economic Buzz: ECB keeps interest rates steady, lifts inflation projection for next year to 1.9%
(19-Dec-2025, 12:06 Hours IST)  
The European Central Bank (ECB) kept its key interest rate unchanged for the fourth policy meeting in a row yesterday. The Governing Council, led by ECB President Christine Lagarde, decided to hold the benchmark interest rate - the deposit rate, unchanged at 2 percent on Thursday. The refinancing rate was left unchanged at 2.15 percent and the marginal lending rate at 2.40 percent. The bank also lifted the inflation projection for next year. Headline inflation forecast for this year was retained at 2.1 percent, while the outlook for next year was lifted to 1.9 percent from 1.7 percent.

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