ECB holds rates at 2.50%

K-SignalAI-generated2026-10-29

ECB holds rates at 2.50%

The European Central Bank (ECB) held its three key policy rates steady on October 29, keeping the deposit rate at 2.50%, the main refinancing rate at 2.65%, and the marginal lending rate at 2.90%, according to Yonhap and other Korean outlets. The decision was announced after a monetary policy meeting in Frankfurt, Germany. Korean media reported the move as breaking news, with Yonhap noting the ECB's decision to freeze rates. No Korean blogs or cafés were among the supplied documents, so public reaction is not available.

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