Amidst another dilemma, ECB likely to decide that waiting is best

Thursday, 30 April 2026RSS

The European Central Bank is anticipated to maintain interest rates at 2% this Thursday as policymakers monitor the impact of energy costs on broader inflation before taking further action.

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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