At its meeting on 24 July 2025, the Governing Council decided to keep the three key ECB interest rates unchanged. Inflation is currently at the 2% medium-term target. The incoming information is broadly in line with the Governing Council's previous assessment of the inflation outlook. Domestic price pressures have continued to ease, with wages growing more slowly. Partly reflecting the Governing Council's past interest rate cuts, the economy has so far proven resilient overall in a challenging global environment. At the same time, the environment remains exceptionally uncertain, especially because of trade disputes.
Richard Morris is a Reporter at various esteemed publications including Yahoo News UK and BBC News. He covers a diverse range of topics such as technology, software development, and competitive sports, while also delving into themes of business and economics, including capital markets and economic policy. Richard's work has been featured in numerous outlets, including The Spectator, The Independent, and Medium.









