The European Central Bank has just announced its interest rate decision following the July 2324 meeting, leaving rates unchanged at 2.15% the lowest level since October 2022, in line with most market expectations.

This decision follows a previous rate cut, marking the seventh consecutive reduction. Policymakers at the ECB opted to pause further easing to assess the impact of recent US tariffs on economic activity within the Eurozone.

This decision is considered positive for the euro.