The European Central Bank (ECB) has cut its key interest rates as the markets expected, marking its second reduction this year following a move in June.
The European Central Bank is expected to cut interest rates by 25 basis points at its meeting this afternoon, reducing the main refinancing rate to 4.25%, the marginal lending rate to 4.50%, and th...
— Jenni Reid Italy’s economy minister expressed hopes that the European Central Bank interest rate cut on Thursday will be followed by further such monetary easing. “It was about...
The benchmark interest rate In the Euro Area was last recorded at 3.40 percent. This page provides - Euro Area Interest Rate - actual values, historical data, forecast, chart, statistics, economic...
The U.S. Federal Reserve and European Central Bank could move to cut rates in September, a Morgan Stanley strategist said Friday.
The European Central Bank's meeting comes just days before the Federal Reserve appears poised to start its own rate-cutting cycle.
European stocks closed at a record high Thursday as traders digested the European Central Bank's first interest rate cut since September 2019.
Traders are widely anticipating an interest rate cut at the Federal Reserve's Sept. 17-18 meeting, as well as at the ECB's meeting this week.
The European Central Bank has eased the pressure on borrowers across the eurozone after cutting its main interest rate for the first time in almost five years. Citing a sustained fall in inflation, the ECB said its deposit rate would be cut to 3.75% from a record high of 4%, putting it ahead of the US Federal Reserve and the Bank of England, which have yet to cut interest rates. Financial markets eagerly anticipated the first eurozone cut since September 2019, which will also affect the ECB’s main refinancing operations rate, which fell from ...
The euro zone's central bank held interest rates steady for a fifth straight meeting.