The bank keeps the rate stable. It stays at 2,50 percent. Christine Lagarde says this on Thursday. Many experts expect this step.
The inflation in Europe is still high. It is at 3,8 percent. The goal of the bank is 2,0 percent. The rates can rise again in December. This depends on the energy prices.
Costly energy comes from the war in Iran. The bank stops second round effects. This means prices and wages do not drive each other up. Higher rates make loans costly.
France has big money worries. The state has very high debts. This is a record since the war. Christine Lagarde leaves her office soon. She stops in February 2027.
