ECB zadržala tri ključne kamatne stope nepromenjenim (glavne operacije refinansiranja 4,25%, kamatne stope na graničnu kreditnu liniju 4,50% i depozitnu liniju 3,75%), usled srednjoročnih izgleda za inflaciju. Većina mera inflacije je bila ili stabilna ili smanjena u junu (inflatorni uticaj visokog rasta plata je ublažen profitom). Najavljeno je da će monetarna politika ostati restriktivna onoliko dugo koliko bude bilo potrebno za postizanje srednjoročnog cilja od 2%. Istovremeno, domaći pritisci na cene su i dalje visoki, inflacija usluga je povišena, a glavna inflacija će verovatno ostati iznad cilja i tokom sledeće godine.
The ECB kept three key interest rates unchanged (main refinancing operations 4.25%, interest rates on the marginal credit line 4.50% and the deposit line 3.75%), due to the medium-term outlook for inflation. Most measures of inflation were either stable or reduced in June (the inflationary impact of high wage growth was tempered by profits). It has been announced that monetary policy will remain restrictive as long as necessary to achieve the medium-term target of 2%. At the same time, domestic price pressures remain high, service inflation is elevated, and headline inflation is likely to remain above target over the next year.