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On Thursday, the ECB reduced its interest rates during its September meeting for the second time this year with the new rates set at 3.65% for main refinancing operations, 3.90% for the marginal ...
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“We have at the ECB Governing Council already lowered rates two times this year, and this is not the final destination,” the Latvian central-bank head said Monday. “These rates will continue ...
The European Central Bank (ECB) delivered a widely anticipated rate cut on Thursday, lowering its key deposit rate by 25 basis points to 3.5% and marking the second reduction in the current cycle ...
The European Central Bank (ECB) cut interest rates for the second time this cycle reflecting the continued progress on inflation and “subdued” economic activity. The decision, which was widely ...
FRANKFURT - The European Central Bank (ECB) cut its key interest rate again on Sept 12 as inflation cools, but warned of continuing price pressures and gave no indication of the path ahead.
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The European Central Bank may have to quicken the pace that it lowers interest rates to avoid inflation falling short of forecasts, Governing Council member Mario Centeno told Politico. “Given ...
The ECB and the US Federal Reserve responded with rapid interest rate hikes. The Fed is also expected to make a first cut in its benchmark rate from a 23-year high of 5.25% to 5.5% at its ...
However, ECB President Christine Lagarde warned that the lingering risk of inflation means it’s unlikely to ease conditions for struggling businesses and homeowners any more aggressively, and she ...