Eurozone Holds Steady on Interest Rates Amidst Global Economic Uncertainty
European Central Bank (ECB) policymakers concluded their meeting this week without signaling any immediate changes to interest rates, maintaining the key rate at 2%. This decision reflects a cautious approach amidst a complex global economic landscape and varying inflation rates across the Eurozone.
While overall inflation in the 20-member Eurozone currently sits at 2.1%, just above the ECB's 2% target, the picture is far from uniform. Austria, for example, is