Khaberni - The European Central Bank kept interest rates unchanged today, Thursday, at 2 percent for deposits, as widely expected.
It also raised its economic growth rate forecasts for the next two years.
The European Central Bank raised its growth forecasts for the Eurozone, predicting growth of up to 1.4 percent in 2025 and 1.2 percent in 2026, according to the (CNBC) network.
Central banks in Indonesia, Sweden, and Taiwan also kept interest rates unchanged, signaling their readiness to intervene when necessary amidst global economic volatility and increasing demand for artificial intelligence-driven technology.
The Bank of Indonesia decided to keep the main interest rate at 4.75 percent, for the third consecutive time, in order to support the monetary stability of the rupiah, following cumulative cuts of 150 basis points since 2024.
In Europe, the Swedish central bank kept the interest rate at 1.75 percent, expecting no change in the coming months if growth and inflation indicators continue to rise moderately.
In Taiwan, the central bank raised its economic growth forecasts to 7.31 percent for 2025 due to strong demand for locally made chips for artificial intelligence technologies, while keeping the interest rate at 2 percent.
