ECB Holds Rates at 2% as Bank of England Cuts to 3.75%: Riksbank and Norges Bank Pause in Europe’s Final 2025 Calls (Dec. 18, 2025)
The European Central Bank held interest rates steady Thursday, citing stronger growth and inflation near target. The Bank of England cut rates by 0.25 points to 3.75% in a narrow 5–4 vote, signaling divisions over further easing. Sweden’s Riksbank and Norway’s Norges Bank left rates unchanged, pointing to ongoing caution amid economic uncertainty.