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International Business Times
International Business Times
Business

BIZARRE: Ecb expected to hold rates as trump tariff uncertainty lingers | Mind Blowing Facts

The European Central Bank is expected to hold tight on rates, pausing a series of cuts made over past months (Credit: AFP)

The European Central Bank is set to hold interest rates for the first time in almost a year when policymakers meet this week, despite concerns over the potential impact of higher US tariffs on the eurozone economy.

The 26 members of the ECB's governing council will meet just over a week before an August 1 deadline set by US President Donald Trump for the imposition of his government's punitive tariffs.

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