ECB decision: Interest rates cut to nearly two-year low
The ECB’s deposit rate was cut to 2.75% from 3%, the lowest in nearly two years. The ECB said the move was “based on its updated assessment of the inflation outlook, the dynamics of underlying inflation and the strength of monetary policy transmission.”
In particular, the decision to lower the deposit facility rate – the rate through which the Governing Council steers the ...
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The European Central Bank (ECB) cut its benchmark interest rate again by a quarter-point to 2.75% on Thursday as inflation ...
The European Central Bank is set to lower interest rates for a fifth meeting as inflation that’s nearing the 2% target lets ...
LONDON (Reuters) - Euro zone government bond yields and the euro held steady on Thursday after the European Central Bank cut interest rates by 25 basis points to 2.75%, as expected, while keeping the ...
The ECB is expected to drop its main lending rate from 3 per cent to 2.75 per cent, its fifth cut since last July.
Stock markets in the Gulf ended mixed on Thursday ahead of more corporate earnings, with the Dubai index ending four sessions ...
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Europe’s economy has stagnated at the end of last year as former growth engine Germany floundered to the end of a second ...
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