Edition
ECB monetary policy decisions
The ECB kept its key rates unchanged while warning that dearer energy threatens both prices and economic activity.
Higher energy costs could lift inflation and weaken growth, although underlying inflation has so far stayed broadly stable. Rate decisions will be guided by new economic and financial information, the inflation outlook and monetary policy transmission. The ECB has made no advance commitment to a particular sequence of rates. The Eurosystem is allowing its bond portfolios to shrink as maturing principal is no longer reinvested.
This summary is based on the available full source text. Summary prepared with AI assistance. The original source is authoritative.
Original source
ECB Press Releases
Date stated with the source: 29. 10. 2026
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