Central Bank Cuts Interest Rates in Half-Point Move
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.
Tracker mortgage holders will immediately receive a cut from the interest rate decision. On this occasion, there will be a ...
Analysts Expect Cuts Before Christmas The Bank of England held its main interest rate at 5% today despite a 0.5% percentage point cut by t ...
European shares closed lower on Wednesday, as investors refrained from risk-taking ahead of an all-important interest rate ...
The European Central Bank is expected to trim borrowing costs again on Thursday as its focus continues to shift from damping inflation to supporting the bloc's faltering economy. Markets imply the ...
The European Central Bank should continue to lower rates as inflation is set to return durably to 2% next year, Governing Council member Francois Villeroy de Galhau said.
The decision to hold rates was not unanimous with one member of the Bank's rate-setting Monetary Policy Committee voting for ...
The cut will have implications for Australia's economy. It means the Reserve Bank's cash rate target, which sits at 4.35 per ...