EconomyECB holds rates at 2.5% as Lagarde announces early departure amid near double-target inflation
The European Central Bank left its deposit rate at 2.5% on Thursday. Hours earlier, President Christine Lagarde said she would depart next February before her term ends. Turmoil in France’s bond market and inflation of 3.8% cloud the eurozone outlook.
People in this report Christine Lagarde
ECB holds rates at 2.5% as Lagarde announces early departure amid near double-target inflation