ECB Expected to Hold Rates at 2.5% on Thursday
The European Central Bank is widely expected to leave its deposit rate unchanged at 2.5%, despite concern over higher energy costs.
By George GloverThe Federal Reserve just held interest rates steady — and the European Central Bank is likely to follow suit, even though higher energy costs remain a worry for policymakers.The ECB is widely expected to keep its key deposit rate unchanged at 2.5% on Thursday. It hiked borrowing cos…