The European Central Bank (ECB) announced on Thursday that it lowered the interest rates on the marginal lending facility to 3.9% from 4.5% and the deposit facility, also known as the benchmark ...
“We have at the ECB Governing Council already lowered rates two times this year, and this is not the final destination,” the Latvian central-bank head said Monday. “These rates will continue ...
The ECB cut rates for the second time this year on Thursday but provided little to no guidance on further moves, even as some policymakers privately argued that coming back for another cut in just ...
The European Central Bank has made good progress in bringing inflation down, but needs patience to fully reach the 2% target, Governing Council member Joachim Nagel said. “We must now show ...
"But the fact is that very little new information is in the pipeline." Kazimir, an outspoken hawk, argued that the ECB needed to be sure that incoming data confirmed its projections, otherwise ...
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 ...
The European Central Bank (ECB) cut interest rates for the second time this cycle reflecting the continued progress on inflation and “subdued” economic activity. The decision, which was widely ...
Yet, he struck a circumspect tone about how much relief the ECB will be able to provide borrowers. “The return to target is not yet secure,” he said on a panel on Saturday. “The monetary ...
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.
On Thursday, the ECB reduced its interest rates during its September meeting for the second time this year with the new rates set at 3.65% for main refinancing operations, 3.90% for the marginal ...
We think that after some hesitation, the ECB will eventually have to cut rates more aggressively. Headline inflation is expected to come in at 2.5% in 2024, 2.2% in 2025 and 1.9% in 2026.
DAX slips 0.03% despite new intraday high; ECB rate cut bets drive Siemens Energy and Vonovia gains. German Manufacturing PMI decline deepens recession fears, adding pressure for an ECB rate cut.