# ECB holds rates at 2.5% as Lagarde announces early departure amid near double-target inflation

https://mins.news/en/item/120832

- euronews, 2026-10-29 13:24 UTC
- Economy
- Original: https://www.euronews.com/2026/10/29/ecb-holds-rates-at-25-as-lagarde-announces-early-exit-with-inflation-near-double-the-targe

> 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.

## Related coverage

- [ECB holds rates as Lagarde announces early departure](https://mins.news/en/video/121072) — Bloomberg Television, 2026-10-29
- [European Central Bank holds key interest rate at 2.5%](https://mins.news/en/item/120816) — CNBC, 2026-10-29
- [ECB chief Christine Lagarde to leave nine months early](https://mins.news/en/item/120614) — The Guardian, 2026-10-29