The European Central Bank (ECB) has decided to keep its key deposit interest rate unchanged at 2 percent for the 21 countries using the euro. The decision, announced on April 30, 2026, comes amid concerns that ongoing war-related disruptions could further intensify risks to economic growth and inflation. The rate has remained at this level since June 2025.

According to the ECB, the continuing conflict has heightened the likelihood of slower growth and rising inflation across the eurozone. The bank stated that maintaining the current rate is a prudent measure to preserve economic stability under these uncertain conditions. The decision reflects the institution’s cautious stance in balancing inflationary pressures with the need to support growth.

The ECB emphasized that keeping the rate steady is aimed at mitigating volatility and ensuring stability in the region’s financial environment as geopolitical tensions persist.