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European Central Bank cuts interest rates for the first time since 2019. Jenni Reid, CNBC. ... It likewise lifted its 2025 forecast to 2.2% from 2%. The 2026 projection remained at 1.9%.
The European Central Bank cut its key interest rate on Thursday to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to ...
With Thursday's decision, the ECB also lowered the rate at which banks can borrow from it for a week - to 2.90% from 3.15% - and for a day, to 3.15% from 3.40%. (Reporting By Francesco Canepa ...
The European Central Bank has cut rates by a quarter percentage point amid signs of weakening growth and concern about the impact of political chaos in France and the possibility of new U.S ...
The Governing Council today decided to lower the three key ECB interest rates by 25 basis points. In particular, the decision to lower the deposit facility rate – the rate through which we steer ...
The European Central Bank cut interest rates on Thursday and kept the door open to further policy easing as concerns over lacklustre economic growth supersede worries about persistent inflation.
The European Central Bank cut rates on Thursday, the Bank of Canada did as well on Wednesday, and the Bank of England is likely to do so next week – steps that, with the Fed in a holding pattern ...
The euro last bought $1.0392 and was headed for a weekly fall of 0.9%, after the European Central Bank (ECB) cut interest rates on Thursday and policymakers guided for a further reduction in March ...