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ECB set to hold rates as Middle East war raises inflation concerns

The ECB is expected to keep rates unchanged on Thursday as officials balance inflation pressures from the Middle East conflict against slowing growth risks.

Published Apr 29, 2026, 9:21 PM EDT | WFMZZ

The European Central Bank is expected to hold interest rates steady again on Thursday. Policymakers are weighing concerns about higher inflation triggered by the Middle East war against worries about weakening growth.