Will the ECB raise interest rates at the July 23, 2026 meeting?

Why: The ECB's official press release for the 23 July 2026 Governing Council meeting states that the Governing Council "decided to keep the three key ECB interest rates unchanged" and lists the deposit facility, main refinancing operations and marginal lending facility rates as remaining at 2.25%, 2.40% and 2.65% respectively. Contemporary reporting in the supplied evidence (e.g. Reuters, Euronews, FXStreet) likewise reports the ECB held rates. Therefore the ECB did not announce an increase at its 23 July 2026 meeting.