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 ...

The ECB has been cutting rates quickly this year but policymakers have so far said the goal is a neutral setting, where the central bank is neither slowing nor stimulating growth in the hopes this ...

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 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 ...

ECB deposit rates were below zero for a staggering eight years until the post-pandemic inflation surge necessitated rapid monetary tightening. That medicine has evidently worked too well.

The ECB said it would reduce its key interest rate to 3.25% from 3.5%. That widens a gap in benchmark borrowing costs with the Federal Reserve. The ECB is now more worried about supporting growth ...

In a press conference following the European Central Bank's (ECB) decision to cut interest rates by 25 basis points, President Christine Lagarde hailed the central bank's progress in tackling ...

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’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 ...