Macro Finance
ECB Holds Rates as Lagarde Announces Early Resignation
Bloomberg Markets·October 29, 2026·1 min read
The European Central Bank held interest rates at 2.5% as President Christine Lagarde announced she will step down early, adding to concerns over energy costs and France's fiscal situation. Bloomberg's Oliver Crook reported from Frankfurt. The move leaves borrowing costs unchanged amid economic uncertainty across the eurozone.
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