On 30 April 2026, the European Central Bank’s Governing Council held a meeting in Frankfurt and decided to keep its main policy rates unchanged. The decision followed a data‑dependent, meeting‑by‑meeting approach as the board assessed that inflation expectations remain above the 2 % target but are still well anchored. The council noted that the energy price shock caused by the Middle East war has raised headline inflation and widened market volatility, yet financial conditions have eased since the March meeting. Risk‑asset markets have largely recovered, but monetary policy remains cautious. The ECB will reassess the situation in June, with the next monetary policy account expected on 9 July 2026.
© European Central Bank, 2025.
Summary derived from the ECB website (https://www.ecb.europa.eu ).
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