FRANKFURT—The European Central Bank lowered interest rates by a quarter point, its second cut in three months, offering a ...
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 fracas began when the ECB’s supervisory arm demanded that the region’s top banks set aside billions in reserves to hedge risks associated with lending to highly indebted companies.
The European Central Bank (ECB) announced on Thursday that it lowered ... Many traders buy the rumors and square their positions shortly after the decision is made. For instance, if the market ...
In July 2022, the ECB ended its years-long policy of zero and negative interest rates to get a grip on inflation, which had ...
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.
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.
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 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 ...
That course of action means that today the ECB has less room than other central banks to loosen its policy. Never forget: the monetary stance depends on interest rate levels, not changes.
The cut followed a quarter-point reduction in June. The ECB and its president, Christine Lagarde, signaled more cuts were likely but economists saw less prospect for another cut at the central ...
which is expected to start cutting rates next week. The ECB said it would reduce its key interest rate to 3.5% from 3.75%.