ECB sees inflation risks “intensifying” but keeps interest rates at 2%

Thursday, 30 April 2026RSS
ECB sees inflation risks “intensifying” but keeps interest rates at 2%

ECB officials have once again left the benchmark interest rate unchanged at 2%, acknowledging that risks regarding an economic slowdown and rising inflation are intensifying.

Context & Explainers

Inflation measures how much general prices rise over time, usually reported year‑on‑year to compare a month with the same month a year earlier. Portugal’s National Institute of Statistics (INE) estimated January inflation at 1.9% year‑on‑year, down 0.3 percentage points from December, which affects rents, wages and everyday purchasing power for residents.

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