https://www.live-feeds.com/feed/european-central-bank-keeps-key-interest-rate-on-hold-at-2-5Continuously updated, source-cited coverage. https://www.live-feeds.com/feed/european-central-bank-keeps-key-interest-rate-on-hold-at-2-5https://www.live-feeds.com/feed/european-central-bank-keeps-key-interest-rate-on-hold-at-2-5#u167340Sun, 01 Nov 2026 09:05:12 +0000The European Central Bank left its benchmark deposit rate unchanged at 2.5% on Thursday. Markets interpreted the decision as a hawkish pause. The central bank maintained the rate even as inflation climbed to 3.8%, which is near double the target. President Christine Lagarde announced she will depart next February, months before her term ends. The leadership change and ongoing bond market turmoil in France complicate the economic outlook for the eurozone. Financial markets priced in a 67% chance of a rate hike in December following the central bank announcement.Why it mattersThe central bank pa