IUX24
TopMarketWorldEconomyFinanceTechnologyBusinessPoliticsAnalysis & Opinion

ECB to Hold Rates as French Bond Turmoil Looms

The European Central Bank is expected to keep its deposit rate at 2.5 percent while addressing market turmoil in France and questions regarding Christine Lagarde's tenure. Policymakers face growing borrowing costs and inflation risks.

Xurve View
Insights:
FILE PHOTO: European Central Bank President Christine Lagarde speaks during a press conference following the ECB Governing Council meeting at the guest house of the Deutsche Bundesbank in Berlin, Germany, September 10, 2026. REUTERS/Annegret Hilse/File Photo

The ECB will keep its deposit rate at 2.5% on Thursday as debt-laden France faces surging borrowing costs. Markets price three further rate increases to 3.25% to counter risks from Iran oil shocks. The decision is overshadowed by questions regarding ECB President Christine Lagarde's future tenure.