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 ...

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.

ECB cuts rates as expected, says well on track to tame inflation Posted: October 17, 2024 | Last updated: October 17, 2024 The European Central Bank cut interest rates for the third time this year ...

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 ...

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 ...

Prices are seen rising 2.4% over the next 12 months, down from 2.7% in August and the least since September 2021, the ECB said Friday in its monthly poll. The gauge for three years declined to 2.1 ...

The ECB lowered its deposit rate by 25 basis points to 3.5% in a widely expected move, following up on a similar cut in June as inflation is now within striking distance of its 2% target and the ...

"We believe the disinflationary process is well on track and all the information we received in the last five weeks were heading in the same direction - lower," ECB President Christine Lagarde ...

ECB survey sees quicker inflation decline ECB policymakers see falling rates Euro zone firms report weak growth FRANKFURT, Oct 18 (Reuters) - Euro zone inflation could ease more quickly than ...

([email protected]) Euro, Bond Yields Fall As Market Awaits ECB Rate Cuts 1207 GMT – The euro edges lower against the dollar and eurozone bond yields ease as investors anticipate further ...

Markets are forecasting a 25 basis point cut in the ECB's key deposit rate to 3.25 per cent, following a cut of identical size last month and marking its third reduction this year. It follows a ...

The European Central Bank (ECB) looks set to reduce interest rates to 2 per cent or less before the summer, with the cumulative impact of multiple cuts seeing the annual cost of home loans for ...