On January 25, 2024, the European Central Bank announced its interest rate decision.。The central bank decided to keep interest rates at 4.5%, in line with analyst consensus。

ECB reiterates it will keep interest rates high "long enough" to keep inflation on target。

The ECB's successive hawkish views have continued to bottom the currency pair in the near term.。Before the start of the week, the euro had already recorded two consecutive positives against the dollar at weekly level.。

On May 4, the European Central Bank held a monetary policy meeting and announced its interest rate decision.。In accordance with the resolution, the bank announced a 25 basis point increase in the deposit facility rate, the marginal lending rate and the main refinancing rate.。Euro falls against dollar after interest rate decision。

On Monday, April 24, European Central Bank Executive Committee member Isabel Schnabel said in an interview that he could not rule out the possibility of raising interest rates by 50 basis points at the May 4 interest rate decision meeting.。