Updated

The European Central Bank kept its key interest rate on hold at 2.5% on October 29, 2026, according to a CNBC Top News report and the ECB's own monetary policy decision notice. The decision left the benchmark rate unchanged, and the available headlines did not include details of the policy statement or any vote. The ECB announced the hold on the same day it said Christine Lagarde will step down on February 7, 2027, a separate development covered in its own story. No further details on the economic outlook or market reaction were included in the available reporting.