Report
ECB holds rates, leaves December hike on the table
Nikkei Asia's Reuters report says Lagarde will leave in February 2027; the ECB warned of rising energy costs.
TLDR
The European Central Bank left rates unchanged on October 29 but kept a December hike possible, Reuters reports in Nikkei Asia. The bank warned that higher energy prices could lift inflation and weaken growth. Lagarde is set to step down in February 2027; Bloomberg reports she played down the risk of inflation spreading beyond energy.
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