{"id":121380,"date":"2025-07-26T11:16:34","date_gmt":"2025-07-26T09:16:34","guid":{"rendered":"https:\/\/www.selfhome.lu\/?p=121380"},"modified":"2025-10-16T10:16:40","modified_gmt":"2025-10-16T08:16:40","slug":"stabilisation-taux-bce-inflation-incertitudes","status":"publish","type":"post","link":"https:\/\/www.selfhome.lu\/en\/stabilisation-taux-bce-inflation-incertitudes\/","title":{"rendered":"ECB rates: stabilization confirmed"},"content":{"rendered":"<p class=\"wp-block-paragraph\"><em>On Thursday, July 24, 2025, the European Central Bank (ECB) <strong>keeps its three key rates unchanged<\/strong>. Inflation is now <strong>at the level of the 2 % medium-term target<\/strong>and the European economy is demonstrating a certain <strong>resilience<\/strong> despite international uncertainties.<\/em><\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">\ud83d\udd38 <strong>Inflation under control<\/strong><\/h3>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">L'<strong>annual inflation stood at 2.0 1TP4Q in June<\/strong>slightly above May's level (1.9 %). The <strong>wage growth slows<\/strong>and <strong>short-term inflation expectations<\/strong> are falling. Most core inflation indicators point to an upward trend. <strong>lasting stabilization around 2 %<\/strong>.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">\ud83d\udcc8 <strong>Moderate but sustained growth<\/strong><\/h3>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">L'<strong>economic activity was more buoyant than expected<\/strong> in the first quarter, driven by private consumption, investment and the anticipation of tariffs. The labor market remains solid, with <strong>unemployment rate at 6.3 %<\/strong>close to its all-time low. The outlook remains fragile, however, in view of the <strong>trade tensions<\/strong>of <strong>euro appreciation<\/strong> and <strong>geopolitical uncertainties<\/strong>.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">\ud83c\udfe6 <strong>Credit: gradual recovery<\/strong><\/h3>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Visit <strong>cost of new business loans down slightly<\/strong>3.7 % in May, and overall financing conditions are easing. On the household side <strong>average mortgage rate stable at 3.3 1TP4Q<\/strong>with a slight acceleration in demand.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">\ud83d\udcca <strong>Cautious about the future direction of interest rates<\/strong><\/h3>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">The ECB adopts a <strong>case-by-case decision-making<\/strong>, <strong>meeting after meeting<\/strong>based on available economic and financial data. <strong>No predefined rate trajectory<\/strong>but the institution is ready to adjust its instruments to guarantee <strong>sustainable stabilization of inflation<\/strong>.<\/p>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\" style=\"font-size:35px\"><strong> \ud83d\udc4b\ud83c\udfe0 Buying, selling or renting?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Selfhome.lu is Luxembourg's No. 1 classifieds site for individuals.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udc49 Explore the ads or publish your own now:<\/p>\n\n\n\n<div style=\"height:17px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-fe48e5de wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-text-align-center wp-element-button\" href=\"http:\/\/www.selfhome.lu\/en\/publier\/\">\ud83d\udce5 Publish my ad now<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-fill\"><a class=\"wp-block-button__link has-text-align-center wp-element-button\" href=\"http:\/\/www.selfhome.lu\/en\/explore\/\">\ud83d\udd0d Browse ads<\/a><\/div>\n<\/div>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-medium is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/www.selfhome.lu\/wp-content\/uploads\/2025\/07\/photo-output-8-300x300.jpg\" alt=\"\" class=\"wp-image-121317\" style=\"object-fit:cover;width:319px;height:auto\" srcset=\"https:\/\/www.selfhome.lu\/wp-content\/uploads\/2025\/07\/photo-output-8-300x300.jpg 300w, https:\/\/www.selfhome.lu\/wp-content\/uploads\/2025\/07\/photo-output-8-1024x1024.jpg 1024w, https:\/\/www.selfhome.lu\/wp-content\/uploads\/2025\/07\/photo-output-8-150x150.jpg 150w, https:\/\/www.selfhome.lu\/wp-content\/uploads\/2025\/07\/photo-output-8-768x768.jpg 768w, https:\/\/www.selfhome.lu\/wp-content\/uploads\/2025\/07\/photo-output-8-1536x1536.jpg 1536w, https:\/\/www.selfhome.lu\/wp-content\/uploads\/2025\/07\/photo-output-8-12x12.jpg 12w, https:\/\/www.selfhome.lu\/wp-content\/uploads\/2025\/07\/photo-output-8-600x600.jpg 600w, https:\/\/www.selfhome.lu\/wp-content\/uploads\/2025\/07\/photo-output-8-100x100.jpg 100w, https:\/\/www.selfhome.lu\/wp-content\/uploads\/2025\/07\/photo-output-8.jpg 1819w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/figure>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>ECB keeps key rates unchanged. Inflation now at the 2 % medium-term target in the face of uncertainty.<\/p>","protected":false},"author":5,"featured_media":121381,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[172],"tags":[],"class_list":["post-121380","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-actualite"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.selfhome.lu\/en\/wp-json\/wp\/v2\/posts\/121380","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.selfhome.lu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.selfhome.lu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.selfhome.lu\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.selfhome.lu\/en\/wp-json\/wp\/v2\/comments?post=121380"}],"version-history":[{"count":8,"href":"https:\/\/www.selfhome.lu\/en\/wp-json\/wp\/v2\/posts\/121380\/revisions"}],"predecessor-version":[{"id":121392,"href":"https:\/\/www.selfhome.lu\/en\/wp-json\/wp\/v2\/posts\/121380\/revisions\/121392"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.selfhome.lu\/en\/wp-json\/wp\/v2\/media\/121381"}],"wp:attachment":[{"href":"https:\/\/www.selfhome.lu\/en\/wp-json\/wp\/v2\/media?parent=121380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.selfhome.lu\/en\/wp-json\/wp\/v2\/categories?post=121380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.selfhome.lu\/en\/wp-json\/wp\/v2\/tags?post=121380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}