The ECB cut rates for the second time this year on Thursday but provided little to no guidance on further moves, even as some policymakers privately argued that coming back for another cut in just ...
The ECB cut interest rates for the first time in June after a record string of hikes, and policymakers are widely expected to cut again on Sept. 12, taking the deposit rate to 3.5%, a level that ...
We think that after some hesitation, the ECB will eventually have to cut rates more aggressively. Headline inflation is expected to come in at 2.5% in 2024, 2.2% in 2025 and 1.9% in 2026.
The European Central Bank (ECB) announced on Thursday that it lowered the interest rates on the marginal lending facility to 3.9% from 4.5% and the deposit facility, also known as the benchmark ...
The European Central Bank has made good progress in bringing inflation down, but needs patience to fully reach the 2% target, Governing Council member Joachim Nagel said. “We must now show ...
The European Central Bank may have to quicken the pace that it lowers interest rates to avoid inflation falling short of forecasts, Governing Council member Mario Centeno told Politico. “Given ...
The ECB pulled the trigger in June, trimming the three main benchmarks by 25 basis points (bps) each, as concerns about economic progress overshadowed inflationary worries. Of course, policymakers ...
The European Central Bank (ECB) cut interest rates for the second time this cycle reflecting the continued progress on inflation and “subdued” economic activity. The decision, which was widely ...
FRANKFURT - The European Central Bank (ECB) cut its key interest rate again on Sept 12 as inflation cools, but warned of continuing price pressures and gave no indication of the path ahead.
On Thursday, the ECB reduced its interest rates during its September meeting for the second time this year with the new rates set at 3.65% for main refinancing operations, 3.90% for the marginal ...
Yet, he struck a circumspect tone about how much relief the ECB will be able to provide borrowers. “The return to target is not yet secure,” he said on a panel on Saturday. “The monetary ...
The European Central Bank (ECB) delivered a widely anticipated rate cut on Thursday, lowering its key deposit rate by 25 basis points to 3.5% and marking the second reduction in the current cycle ...