![]() Its marginal lending facility stays at 4.75%, with the deposit rate at 4%.Įxplaining its decision, the ECB said inflation “dropped markedly in September… and most measures of underlying inflation have continued to ease.” Today’s announcement means the central bank’s main refinancing rate remains at 4.5%. The European Central Bank (ECB) has, as expected, halted a run of 10 consecutive interest rate rises across the eurozone by leaving borrowing costs untouched, writes Andrew Michael. Interest Rates & Inflation: Euro Central Bank Presses Pause As Inflation TumblesĢ6 October: Bank Of England, Fed Reserve Expected To Follow Suit You should always check with the product provider to ensure that information provided is the most up to date. While we work hard to provide accurate and up to date information at the time of publication that we think you will find relevant, Forbes Advisor does not and cannot guarantee that any information provided is complete and makes no representations or warranties in connection thereto, nor to the accuracy or applicability thereof. The compensation we receive from advertisers does not influence the recommendations or advice our editorial team provides in our articles or otherwise impact any of the editorial content on Forbes Advisor. These “affiliate links” may generate income for our site when you click on them. Second, we also include links to advertisers’ offers in some of our articles. This site does not include all companies or products available within the market. The payments we receive for those placements affects how and where advertisers’ offers appear on the site. ![]() This comes from two main sources.įirst, we provide paid placements to advertisers to present their offers. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive payment from the companies that advertise on the Forbes Advisor site. The Forbes Advisor editorial team is independent and objective.
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