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ECB keeps rates unchanged at July meeting
Finance
— Jul 21, 2026
Central banks in Europe and Asia signaled caution and kept policy rates steady amid volatile energy markets and geopolitical tensions: the ECB maintained its hold on rates with a data‑dependent stance, while Sri Lanka’s CBSL kept the Overnight Policy Rate at 8.75% as inflation remains elevated and geopolitical risks loom, and market surveys in Pakistan show a strong majority expect the SBP to hold at 11.5% with some expectations of easing by year‑end 2026.
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