ECB decision: Interest rates cut to nearly two-year low
The ECB’s deposit rate was cut to 2.75% from 3%, the lowest in nearly two years. The ECB said the move was “based on its updated assessment of the inflation outlook, the dynamics of underlying inflation and the strength of monetary policy transmission.”
In particular, the decision to lower the deposit facility rate – the rate through which the Governing Council steers the ...
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The European Central Bank (ECB) cut its benchmark interest rate again by a quarter-point to 2.75% on Thursday as inflation ...
The European Central Bank is set to lower interest rates for a fifth meeting as inflation that’s nearing the 2% target lets ...
LONDON (Reuters) - Euro zone government bond yields and the euro held steady on Thursday after the European Central Bank cut interest rates by 25 basis points to 2.75%, as expected, while keeping the ...
The ECB is expected to drop its main lending rate from 3 per cent to 2.75 per cent, its fifth cut since last July.
The FTSE 100 ( ^FTSE) and European stocks were higher on Thursday, with all major indices gaining ground in early trading, as the European Central Bank (ECB) is expected to cut interest rates in an ...
European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision.
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