Global EconomyIMPORTANT
ECB President Lagarde (Q&A) says today's decision was unanimous; some members questioned whether ECB should have hiked today; not seeing any second-round effects
StockNow breaking-news AI analysis
ECB unanimously held rates at 2.25%, citing a lack of second-round inflation effects while remaining vigilant regarding geopolitical energy risks and potential hikes in September.
News detail
Adds that policy is adequately positioned to wait ECB will be attentive in the next few weeks on geopolitics and the data Will be particularly attentive to any risks of second-round effects; is seeing some indirect impacts, but not seeing any second-round effects yet Notes that there is much data to be released before the September meeting
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