India  

European Central Bank slashes interest rates again, cuts growth forecasts

Invezz Thursday, 12 September 2024 ()
European Central Bank slashes interest rates again, cuts growth forecastsIn a move aimed at bolstering economic activity, the European Central Bank (ECB) Governing Council announced a reduction in the deposit facility rate by 25 basis points, bringing it down to 3.50% effective September 18, 2024. This decision reflects the ECB’s ongoing efforts to influence monetary policy positively and stimulate economic growth within the eurozone. […]
0
shares
ShareTweetSavePostSend
 
Video Credit: euronews (in English) - Published
News video: European Central Bank cuts interest rates again as inflation slows

European Central Bank cuts interest rates again as inflation slows 01:07

The European Central Bank (ECB) has cut its key interest rates as the markets expected, marking its second reduction this year following a move in June.

You Might Like


Related videos from verified sources

Russia’s Central Bank Raised Interest Rates, Defying Some Elites [Video]

Russia’s Central Bank Raised Interest Rates, Defying Some Elites

Russia’s central bank raised its key interest rate Friday, despite warnings against such a move from some business elites within the country. Veuer’s Matt Hoffman reports.

Credit: Veuer     Duration: 00:43Published

Related news from verified sources

Rate cuts are coming from the European Central Bank and the Fed. Experts say the pace will be mild

Inflation's down and growth is mediocre in Europe. And that means the European Central Bank will likely cut interest rates on Thursday. A rate cut might help...
SeattlePI.com

News24 | European Central Bank cuts interest rates - again

The European Central Bank cut interest rates again on Thursday as inflation slows and economic growth falters.
News24

Second interest rate cut by European Central Bank as growth falters

Second interest rate cut by European Central Bank as growth falters
The European Central Bank (ECB) has moved to cut borrowing costs again as the inflation threat continues to abate while economic growth falters.
Sky News