European Central Bank (ECB) President Christine Lagarde speaks during a press conference at the ECB headquarters in Frankfurt, Germany, Dec. 12, 2024. The ECB decided on Thursday to cut its key interest rates by 25 basis points at its rate-setting meeting. (Xinhua/Zhang Fan)...
The three key interest rates will therefore remain at historically high levels. The ECB said that the interest rate on the main refinancing operations, and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.5 percent, 4.75 percent and 4 percent...
The ECB has lowered key interest rates by 25 basis points, effective June 12, 2024. The main refinancing operations rate drops to 4.25 per cent, marginal lending to 4.50 per cent, and deposit facility to 3.75 per cent. This decision follows a significant fall in ...
ECB Cuts Key Interest Rates by Quarter Point.Focuses on the move of the European Central Bank to cut key interest rates by quarter point to address the problem of global economy slowdown in 2001.EBSCO_bspWall Street Journal - Eastern EditionSimsG.Thomas...
(Cover: The headquarters of the European Central Bank (ECB) in Frankfurt, Germany, March 10, 2022. /CFP) RELATED STORIES European Central Bank cuts key rates by 25 basis points 21:15, 06-Mar-2025 European Central Bank cuts key rates by 25 basis points 21:15, 30-Jan-2025 Brazil...
The ECB left its key interest rates unchanged as expected, after lowering them for the first time in five years in the previous session, as policymakers head into a summer break ahead of a possible rate reduction in September even as they worry about the sticky inflation. ...
The ECB cut came a day after the U.S. Federal Reserve held off on reducing rates, underlining the contrast between more robust growth in the U.S. economy and stagnation in Europe, which recorded zero growth at the end of last year. Most read Belgian teens arrested with 5,000 ...
"Today's ECB interest rate cut does little to alter the bleak economic outlook," said Jennifer McKeown, analyst at Capital Economics. She said the ECB is likely to now wait and see how the financial markets and the economy react to the rate cut and to the new emergency measures announced...
usually results in a weaker Euro. QE is a last resort when simply lowering interest rates is unlikely to achieve the objective of price stability. The ECB used it during the Great Financial Crisis in 2009-11, in 2015 when inflation remained stubbornly low, as well as during the covid...
ECB– The ECB kept interest rates unchanged in October. According to the central bank, policy rates now are at levels that, maintained for a sufficiently long duration, will make a substantial contribution to inflation returning to its 2% target. Although macro data continues to point in the di...