The European Central Bank's Governing Council held its three key interest rates unchanged today, maintaining its current policy stance as it pursues its 2 percent medium-term inflation target.
President Christine Lagarde will hold a press conference at 15:00 CET to explain the decision. The ECB published its rate decision at 14:15 CET and will release updated economic projections for the euro area and global economy at 15:45 CET.
Bond investors are watching closely for forward guidance that could reshape yield curve positioning. Any signal of future policy adjustments will influence duration risk across euro-denominated fixed-income markets. Rate stability typically compresses spreads in shorter-dated sovereign bonds by reducing near-term path uncertainty.
