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Reading: The European Central Bank decides on Interest Rates in the Eurozone
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Sarajevo Times > Blog > WORLD NEWS > The European Central Bank decides on Interest Rates in the Eurozone
WORLD NEWS

The European Central Bank decides on Interest Rates in the Eurozone

Published: July 24, 2025
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The European Central Bank (ECB) will decide on interest rates in the eurozone this afternoon.

Many economists are now predicting a pause after eight rate cuts since last summer, as the ECB has managed to stem the rapid inflation of recent years.

In addition, the consequences of the trade dispute with the United States for the European economy and inflation remain unclear.

Most recently, in June, the ECB lowered the deposit rate, which credit institutions receive when they park money in a bank and which is therefore relevant to savers, for the seventh time in a row to 2 percent.

Lower interest rates support the eurozone economy by making loans cheaper for businesses and consumers, although savers have to deal with lower bank interest rates.

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