Third rate cut this year, first back-to-back cut in 13 years Recent economic data supports case for reduction Quarter-point cut lowers benchmark ECB rate to 3.25% High interest rates have hurt ...

While saying in response to virtually every question that the ECB wasn't committing to cutting rates in December, she also highlighted the raft of economic indicators that have been softening.

“The disinflationary process is well on track,” ECB President Christine Lagarde said at her regular press conference, pointing repeatedly to recent downside surprises in other economic indicators that ...

It was last trading 0.25% lower on the day at $1.0836, compared with $1.0863 just before the ECB announcement <EUR=EBS>. Europe's broad STOXX 600 index was last up 0.8% (.STOXX), opens new tab ...

ECB’s Simkus Wants Rate Cuts But Can’t Justify Half-Point Move Lithuanian says ‘where we’re going to’ is what matters more Governing Council member speaks in interview in Washington ...

Thursday’s move took Eurozone rates to their lowest point since May 2023 and followed a cut of the same size at the ECB’s last meeting, held in early September. ECB president Christine Lagarde ...

ECB President Christine Lagarde, at the press conference she’ll host after Thursday’s gathering near the Slovenian capital of Ljubljana, may be quizzed both on the path forward for further ...

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 European Central Bank (ECB) reduced its interest rates on Thursday afternoon during its October meeting, marking the third consecutive cut since June. New interest rates have been set at 3.40% ...

"We believe the disinflationary process is well on track and all the information we received in the last five weeks were heading in the same direction - lower," ECB President Christine Lagarde ...

The European Central Bank (ECB) looks set to reduce interest rates to 2 per cent or less before the summer, with the cumulative impact of multiple cuts seeing the annual cost of home loans for ...

ECB Is Set to Deepen Global Easing With Rate Cut It Didn’t Expect Just a month ago, reduction was almost ruled out by officials Data may show China underperforming; UK inflation also due ...