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 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.