Follow the source link below for the full report.
European Central Bank keeps key interest rate on hold at 2.5%
Source: CNBC
Original reporting
CNBC: read the full reportFollow this story
Earlier reports and follow-ups on the same developing story.
Related stories
CNBC
Eli Lilly hikes sales outlook, as CEO says there's room for 'dramatic' obesity market expansion
Eli Lilly reported that sales of obesity drug Zepbound and diabetes treatment Mounjaro surged again in the third quarter.
CNBC
Alphabet earnings miss reflects first real sign that AI is taking a bite out of search
Wall Street hammered Alphabet for an earnings miss that included weaker-than-expected revenue out of the company's core business.
CNBC
Restaurant Brands reports mixed results as Burger King's U.S. turnaround shows signs of success
Burger King's U.S. restaurants outperformed, while Popeyes disappointed.
The Guardian
ECB president Lagarde says central bank ready to intervene in markets if necessary– business live
Lagarde says central bank is “mindful” of the moves in bond markets and rising energy prices The Institute for Fiscal Studies said Wednesday’s budget was “broadly the budget that many people were expecting”. IFS director Helen Miller told journalists at a press briefing: A relatively small cost of living package and a handful of tax rises. Borrowing higher across the rest of the decade. Nods that there are bigger things to come, including in the 10-year plan. One surprise was the length of the scorecard. There were a whopping 98 measures. Some of this seemed to be in the spirit of the prime minister’s ‘everyday fixes’ – small measures that make things better. Sadly, there was also a lot of small, unhelpful fiddling with the tax system. That she [ Christine Lagarde ] leaves early is no surprise and does not change the outlook for ECB policies and for the way the ECB deals with French risk
BBC Business
Poundland's future hangs in the balance as chain edges towards collapse
Poundland's bosses is filing a notice of intention to appoint administrators to the business.
CNBC
Home prices fall and rents rise, both for the first time in three years
The median U.S. home sale price fell for the first time in more than three years, according to a new report from Redfin, a real estate brokerage.