Fitch: European Central Bank's key interest rates won't change until 2025

 In a statement from Fitch, the Eurozone is already experiencing some temporary inflationary pressures. It was stated that the medium-term inflation outlook remains weak.

In the statement made by Fitch, it was stated that while the euro area is already experiencing some temporary inflationary pressures, the medium-term inflation outlook remains weak.

Pointing out that price pressures are not expected to be strong enough to trigger rate hikes before 2025, based on the ECB's 2 percent symmetrical inflation target, the European Central Bank's key interest rates will not change until 2025 and bond buying can continue until at least 2024. " The ECB decided not to change interest rates at its last meeting, keeping the policy rate unchanged at zero, the deposit rate at minus 0.50 percent and the marginal funding rate at 0.25 percent.