European Central Bank cuts interest rates
European Central Bank, seeing no signs of recession, cuts interest rates again
The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is not expecting the bloc to fall into recession as it cut borrowing costs once again after figure
Why the European Central Bank is expected to cut rates, again
In Europe, where inflation has cooled sharply, the economy is weak and could use a boost. The area is vulnerable to the conflicts around it.
Weak Economy Prompts European Central Bank to Cut Rates Again
Policymakers who set interest rates for the 20 countries that use the euro have lowered rates in back-to-back meetings for the first time since 2011.
European Central Bank lowers key rate to 3.25% in third cut this year
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European Central Bank cuts its main interest rate by a quarter-point to 3.25% as inflation falls below its target
European Central Bank cuts its main interest rate by a quarter-point to 3.25% as inflation falls below its target
European Central Bank cuts key rate to lowest level in 3 years
The interest rate cut is the European Central Bank's third since June and shows optimism among rate-setters over the path of inflation.
EU central bank makes back-to-back interest rate cuts as inflation falls
After peaking at 4%, the ECB’s benchmark deposit rate sits at 3.25% following the latest cut. Read more at straitstimes.com.
European Central Bank lowers interest rate to 3.25% in third cut this year
The ECB said inflation was under control - having fallen sharply following a painful spike in the wake of Covid lockdowns and the invasion of Ukraine.
Chile central bank cuts interest rate to 5.25%
Chile's central bank on Thursday said it was cutting its benchmark interest rate to 5.25% from a previous level of 5.50%, in a unanimous decision in line with analysts forecasts. The bank said that if the economic scenario envisaged in its September report materialize,
European Central Bank cuts main interest rate a quarter-point to 3.25% as inflation fades
The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is cutting borrowing costs once again after figures showed inflation across the bloc falling to its lowest level in more than three years
European Central Bank cuts interest rates again, saying it sees no signs of an incoming recession
The bank’s rate-setting council said the "disinflationary process is well on track.”
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