The decision to lower interest rates was "based on its updated assessment of the inflation outlook, the dynamics of underlying inflation and the strength of monetary policy transmission," the statement said. The ECB confirmed that inflation is expected to reach its 2-percent target in the medium ...
In a press release, the ECB announced that it has decided to reduce the deposit facility rate by 25 basis points to 3.5 percent due to declining inflation. This decision follows the bank's June rate cut, which marked its first reduction in five years. The market expects this move would fu...
The ECB on Thursday announced its fourth interest rate cut of the year, confirming expectations for a quarter-percentage-point move. The decision takes the ECB's key rate to 3%, marking a 1-percentage-point reduction since the bank began its current easing cycle in June 2024. The euro ...
interest rate decisionTaylor ruleordered probit modelsWe examine the usefulness of communication by the European Central Bank for predicting its interest rate decisions. We use ordered probit models based on the Taylor rule which we estimate using statements by ECB officials as well as macroeconomic ...
The latest decision comes as market participants have started pricing in two rate hikes for the ECB this year. However, the central bank has tried to play down that possibility. "The Governing Council expects the key ECB interest rates to remain at their present or lower levels until it sees...
(RTTNews) - European stocks are seen opening on a mixed note Thursday as investors await interest-rate decisions from the Swiss National Bank and the European Central Bank.
(RTTNews) - French stocks advanced on Thursday amid bets that the European Central Bank (ECB) will announce an interest-rate cut later in the day, responding to falling inflation and worsening economic conditions.
LONDON (Reuters) - The European Central Bank cut interest rates for the third time this year on Thursday, pointing out that inflation in the euro zone is now increasingly under control and the economic outlook has worsened. The euro initially rose following the rate decision, but fell back fol...
The slip below $100,000 occurs as traders prioritized defending their positions ahead of the Federal Open Market Committee (FOMC) meeting scheduled for Jan. 28-29. The US rate decision will precede the ECB’s new interest rates slated for Thursday’s release, a day before the US data on ...
-the european central bank cut interest rates again on thursday and signalled a "declining path" for borrowing costs in the months ahead as inflation slows and economic growth in the euro zone falters. the ecb lowered its deposit rate by 25 basis points to 3.50%, following up on a similar...