European Central Bank slashes interest rates again, cuts growth forecasts
Thursday, 12 September 2024 () In 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. […]
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.
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.
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
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