The ECB lowered interest rates for a second time thus far this year in September. The Governing Council, led by ECB President Christine Lagarde, lowered the deposit facility rate, which is the new ...

England Men have confirmed their XI for the first Test against Pakistan, set to commence on Monday in Multan. Durham seamer Brydon Carse will be making his Test debut. With England Captain Ben Stokes ...

Skipper Rory Burns accepted the trophy from ECB Chair Richard Thompson at the conclusion of their drawn match at Essex as the season wrapped up. Surrey won eight of their 14 matches to win the league ...

Euro-Zone Inflation Drops Below 2%, Backing ECB Cut Bets September consumer prices rose 1.8% from year ago, as expected Investors are increasingly certain of another cut this month ...

The European Central Bank (ECB) delivered a widely anticipated rate cut on Thursday, lowering its key deposit rate by 25 basis points to 3.5% and marking the second reduction in the current cycle ...

FRANKFURT - The European Central Bank (ECB) cut its key interest rate again on Sept 12 as inflation cools, but warned of continuing price pressures and gave no indication of the path ahead.

The second rate cut in three months marks a gradual normalisation in the ECB's policy after the worst bout of inflation in a generation forced it to jack up borrowing costs to record highs last year.

The ECB lowered its deposit rate by 25 basis points to 3.5% in a widely expected move, following up on a similar cut in June as inflation is now within striking distance of its 2% target and the ...

The key deposit rate was cut by 25 basis points to 3.5% — as all analysts polled by Bloomberg predicted. The ECB reiterated that it can’t commit to a specific course for borrowing costs.

Holzmann, who is set to leave the central bank next August, stressed that the ECB needed to remain vigilant and keep a close eye on services inflation, which has remained stubbornly high at 4.2 ...

The ECB cut borrowing costs again on Thursday and President Christine Lagarde said a "declining path" for rates was "pretty obvious" but "not predetermined" in terms of pace and destination.

The Governing Council, led by ECB President Christine Lagarde, lowered the deposit facility rate, which is the new policy rate, to 3.50 percent. The bank also announced that the spread between the ...