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The European Central Bank (ECB) reduced its interest rates on Thursday afternoon during its October meeting, marking the third consecutive cut since June. New interest rates have been set at 3.40% ...
MUMBAI: The largest pureplay gold loan NBFC, Muthoot Finance, has raised $400 million (around Rs 3350 crore) through the ...
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Third rate cut this year, first back-to-back cut in 13 years Recent economic data supports case for reduction Quarter-point cut lowers benchmark ECB rate to 3.25% High interest rates have hurt ...
The ECB is on a path to cut interest rates at each one of the next five policy meetings After cutting rates twice already this year, including at their last meeting in September, policymakers ...
The European Central Bank (ECB) is widely expected to announce a rate cut during its upcoming meeting on 17 October, as deteriorating economic conditions and declining inflation push policymakers ...
While saying in response to virtually every question that the ECB wasn't committing to cutting rates in December, she also highlighted the raft of economic indicators that have been softening.
The ECB said it would reduce its key interest rate to 3.25% from 3.5%. That widens a gap in benchmark borrowing costs with the Federal Reserve. The ECB is now more worried about supporting growth ...
Thursday’s move took Eurozone rates to their lowest point since May 2023 and followed a cut of the same size at the ECB’s last meeting, held in early September. ECB president Christine Lagarde ...
ECB Is Set to Deepen Global Easing With Rate Cut It Didn’t Expect Just a month ago, reduction was almost ruled out by officials Data may show China underperforming; UK inflation also due ...