The European Central Bank kept its main interest rate at 2%, warning that the war in Iran is casting a shadow on growth and inflation forecasts in the eurozone. This decision was made amid increasing uncertainty caused by the geopolitical situation. Experts note that conflicts in the region could negatively affect the economies of union countries. The bank emphasized the need to monitor the situation and readiness for possible adjustments to monetary policy. At the same time, authorities express hope for a stabilization of the situation in the near future.
ECB Holds Rate at 2% Due to Iran War
The ECB decided to keep the key rate unchanged, citing the negative impact of the Iranian conflict on the regional economy.