The European Central Bank held a monetary policy meeting on the 14th and decided to maintain the three key interest rates unchanged. The European Central Bank announced on the same day that the main refinancing rate, marginal lending rate, and deposit mechanism rate will remain unchanged at 4.50%, 4.75%, and 4.00%, respectively. The European Central Bank stated in its announcement that maintaining key interest rates in the eurozone for a sufficiently long period of time will help achieve the medium-term inflation target of 2%. European Central Bank President Lagarde said that although the inflation rate in the eurozone has decreased in recent months, it may rebound again in the short term. According to data recently released by the Eurostat, the inflation rate in the Eurozone in November, calculated at an annual rate of 2.4%, fell to the lowest level in over two years due to the decline in energy prices and the European Central Bank's interest rate hike. The European Central Bank also released the latest forecast for inflation and economic growth in the Eurozone on the same day. It is expected that the inflation rates in the Eurozone will be 5.4%, 2.7%, and 2.1% in 2023, 2024, and 2025, respectively. The economic growth forecast for the Eurozone in 2023 will be lowered to 0.6%, and the growth forecast for 2024 and 2025 will be adjusted to 0.8% and 1.5%, respectively. (Lai Xin She)
Edit：He Chuanning Responsible editor：Su Suiyue
Source：Xinhua
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