Here are four key takeaways from Europe's central banks' final rate decisions of 2025
The ECB, Norges Bank, and Riksbank all held while the BOE cut as expected. But there are hints of what lies ahead.
TL;DR
- The Bank of England's 25 basis point rate cut was approved by a narrow 5-4 vote, with some officials advocating for caution on inflation.
- The ECB's updated projections support holding rates steady, showing a resilient Eurozone economy and inflation returning to the 2% target in 2028.
- Despite holding rates, the ECB's raised growth outlook for the Eurozone suggests its next policy move could be a rate hike, possibly by the end of 2026.
- Sweden's Riksbank maintained its rates and increased its economic growth forecast, indicating no near-term rate changes and potential future increases.