Core Viewpoint - The European Central Bank (ECB) has decided to maintain interest rates unchanged, reaffirming its commitment to restoring inflation to the 2% target in the medium term, with future decisions to be data-dependent and assessed on a meeting-by-meeting basis [1][2] Group 1: ECB's Interest Rate Decision - The ECB has kept the deposit facility rate at 2%, the main refinancing rate at 2.15%, and the marginal lending rate at 2.40%, aligning with market expectations and reflecting confidence in the resilience of the Eurozone economy and easing inflationary pressures [1] - ECB President Christine Lagarde is expected to reiterate that the policy is "still in a good place" during the press conference [1] Group 2: Eurozone Economic Performance - The Eurozone economy grew by 0.2% in the third quarter, surpassing the expected 0.1%, supported by strong consumer spending, with France and Spain outperforming while Germany and Italy stagnated [2] - Year-on-year growth for the Eurozone was recorded at 1.3%, exceeding the anticipated 1.2%, indicating resilience despite high uncertainty this year [2] - The October composite PMI for the Eurozone rose to 52.1, a three-month high, and the German ZEW expectations index rebounded for two consecutive months, supporting the ECB's current wait-and-see stance [2] Group 3: Future Outlook and Divergence in ECB Perspectives - Schroders' economist expresses confidence in enhanced growth next year, supporting the ECB's decision to keep rates unchanged until 2026, although a potential preventive rate cut could occur if inflation falls below current forecasts [3] - Danske Bank notes increasing divergence within the ECB regarding inflation outlook, with some officials highlighting downside risks and concerns over the strong euro and high household savings, while others emphasize the potential inflationary impact of expansionary fiscal policies and rising food prices [3]
【环球财经】欧洲央行继续维持三大利率不变 机构预计近期不会降息
Xin Hua Cai Jing·2025-10-30 15:11