ECB lowers rates and eyes more cuts as economy sags
1 day ago · The European Central Bank cut interest rates on Thursday for the third time this year, saying inflation in the euro zone was increasingly under control while the outlook for the bloc's economy was ...
ECB Cuts Interest Rates Again as Eurozone Inflation Slows
1 day ago · The European Central Bank cut interest rates on Thursday for the third time in about four months, as inflation in the eurozone has cooled faster than expected and economic growth has been sluggish ...
Monetary policy statement (with Q&A) - European Central Bank
1 day ago · Shorter-term market interest rates have declined since our September meeting, owing mainly to weaker news on the euro area economy and the further fall in inflation. While financing conditions remain restrictive, the average interest rates on new loans to firms and on new mortgages were down slightly in August, to 5.0 per cent and 3.7 per cent ...
ECB cuts interest rate again as inflation appears under control
1 day ago · By Johanna Treeck. FRANKFURT — The European Central Bank cut its key interest rate by a quarter-point to 3.25 percent, as a souring growth outlook and weaker-than-expected inflation in September drove rate-setters to step up the pace of policy easing. “The incoming information on inflation shows that the disinflationary process is well on ...
ECB rate cuts: 'We're breaking the neck of inflation,' says Lagarde
1 day ago · The ECB remains data-dependent, with no pre-commitment to future rate changes. In a press conference following the European Central Bank's (ECB) decision to cut interest rates by 25 basis points ...
ECB cuts rates again as eurozone inflation falls below target
1 day ago · Its economy is predicted to shrink by 0.2% in 2024, following a 0.3% contraction in 2023. Thursday's move from the ECB comes after the US' Federal Reserve cut rates by 50 basis points last month ...
Live updates: European Central Bank lowers key rate - CNBC
1 day ago · The European Central Bank on Thursday lowered the deposit rate by 25 basis points, delivering back-to-back rate cuts for the first time in 13 years. The move, which had been widely expected, marks ...
ECB’s Lagarde Says Economy Isn't Headed for a Recession
1 day ago · Some headlines coming in on a slight wording change in ECB statement: ECB Adjusts Words, Seeing Inflation at 2% ‘in Course of’ 2025. ECB Previously Saw Inflation Reaching 2% in 2H of 2025 ...
Economic bulletin - European Central Bank
Sep 26, 2024 · Latest release. Read our latest update on the economic and monetary developments in the euro area and global economies. Read the latest issue. Analyse the results. SHOW ALL RELEASES. The European Central Bank (ECB) is the central bank of the European Union countries which have adopted the euro.
European Central Bank is ready to start cutting interest rates, …
May 27, 2024 · The European Central Bank has sent a clear signal that it will cut interest rates from their historic highs next week, as its chief economist brushed off fears that doing so before the US...