ECB Advances Digital Euro, Keeps Rates Steady
Update: 2025-12-18
Description
The European Central Bank has completed its technical work on the digital euro, aiming to provide a public payment option. The digital currency is now under review by the European Council and Parliament. The ECB kept interest rates unchanged, with President Christine Lagarde emphasizing that future decisions will be based on new economic data. Inflation is expected to reach the ECBs two percent target by 2028. The digital euro is a strategic goal for Europes financial future, aiming to ensure a stable currency in the digital age.
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