Three holds and a cut? Europe's central banks are about to make their final calls of 2025

In this articleJPMA projected illumination marking the 75th anniversary of the Schuman Declaration, on the Grossmarkthalle building at the European Central Bank headquarters in Frankfurt, Germany, on May 9, 2025.Alex Kraus/Bloomberg via Getty ImagesInvestors are gearing up for the last interest-rate decisions of 2025, with four of Europe's central banks announcing their monetary policies and macroeconomic outlooks on Thursday.The European Central Bank, Bank of England, Riksbank, and Norges Bank are all meet ...