The European Central Bank cut interest rates Thursday, lowering borrowing costs for the second time in recent months as inflation slows and Europe’s economy stumbles.
The reduction, to 3.5 percent from 3.75 percent, comes as inflation has slowed and the bank faces pressure to bolster the region’s flagging economy. Source: European Central Bank By The New York ...
Sept. 12 (UPI) --The European Central Bank Thursday cut key interestrates, citing inflation dynamics as it loosened monetary policy restrictions. The cut brought deposit interestrates to ...
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