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FinanceECB keeps interest rates unchanged, uncertainty remains high on the energy front

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The European Central Bank has decided to keep interest rates unchanged at 2.25 percent. The Governing Council's decision was unanimous, although some members would have expressed a preference for immediate action. President Christine Lagarde stated that uncertainty remains high and that the impact of energy shocks is not yet over. Tensions in the Strait of Hormuz region contribute to keeping pressure on energy prices and fuel expectations of a possible rate hike at the September meeting. According to reports, Lagarde also confirmed her intention not to leave her position before 2027.