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 ...
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.
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.
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 ...
The ECB and the US Federal Reserve responded with rapid interest rate hikes. The Fed is also expected to make a first cut in its benchmark rate from a 23-year high of 5.25% to 5.5% at its ...
“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 ...
European Central Bank (ECB) President Christine Lagarde reaffirmed a cautious, data-dependent approach to monetary policy, stressing that decisions would be made "meeting by meeting" based on ...
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 key deposit rate was cut by 25 basis points to 3.5% — as all analysts polled by Bloomberg predicted. The ECB reiterated that it can’t commit to a specific course for borrowing costs.
"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 delivered a second rate cut today, with hopes of more to come in the next few months. The 0.25 percentage point cut is a boost to borrowers and comes after the ECB had ...
However, ECB President Christine Lagarde warned that the lingering risk of inflation means it’s unlikely to ease conditions for struggling businesses and homeowners any more aggressively, and she ...