The European Central Bank kept interest rates on hold at 2. 5% as news that President Christine Lagarde will step down from her role early added to concern over energy costs and France's fiscal situation. Bloomberg's Oliver Crook reports from Frankfurt.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-10-29/ecb-holds-rates-as-lagarde-announces-early-resignation-video)