Economy
European Central Bank holds interest rate at 2.50% per year
The decision to keep the rate unchanged was accompanied by the announcement that Christine Lagarde will step down as ECB president before the end of her term.
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The essentials of this story
- What happened
- The European Central Bank kept the deposit rate at 2.50% per year and Christine Lagarde announced her early departure from the presidency of the institution.
- Who is affected
- Financial markets, Eurozone economies, and borrowers.
- What changes
- Benchmark interest rates remain unchanged, while the leadership of the European Central Bank heads toward a top-level reshuffle.
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Sources
- Banco Central Europeu mantém taxa de juros em 2,50% ao ano — Poder360
- Banco Central Europeu mantém juros em 2,50% ao ano — Valor Econômico
Image credits: Photo: Reprodução/Valor Econômico · publicação-fonte citada · image resized and re-encoded for the site