The European Central Bank cut its benchmark interest rate by a quarter point to 2.5% on Thursday as inflation nears 2% and ...

The ECB is expected to deliver a 25 bps rate cut ... has caused doubts about any immediate rate hikes, leading to the yen’s depreciation. The BoJ is expected to hold off further tightening ...

The European Central Bank is cutting interest rates by a quarter percentage point, lowering credit costs for consumers and ...

Interest rate hikes are a tool used by central banks to ... and services and can eventually lower prices. At one point, the ECB's interest rate was at a record high 4% as inflation soared.

The cut will mean lower repayments for thousands of tracker mortgage-holders, although variable-rate customers will have to wait for their lenders to pass it ...

The lending, however, "remains subdued overall," said the ECB, citing the effects of past interest rate hikes. The current cycle of rate cuts marks a rewinding of the aggressive rate hikes in ...

The ECB reduced its deposit rate to 2.5% from 2.75%, taking rates to the lowest level in two years. The decision marked a sixth consecutive rate cut by the central bank, which sets monetary policy ...

Given the current macroeconomic backdrop, a rate cut on 6 March is likely. The ECB still views interest rates as restrictive. Despite recent debates among ECB officials about halting the rate cut ...

The ECB reduced its interest rates on Thursday ... a headwind to the easing of financing conditions comes from past interest rate hikes still transmitting to the stock of credit, and lending ...

Deposit rate cut to 2.5% as expected Says rates meaningfully less restrictive Cuts economic growth outlook, raises 2025 inflation ECB Rate Decision Live FRANKFURT, March 6 (Reuters) - The European ...

There will also be downward pressure on other loans too. However, any rate cut means lower returns for savers. The ECB had been expected to continue to reduce borrowing costs to 2% this year.

(Reuters) - Following is the text of European Central Bank President Christine Lagarde's statement after the bank's policy ...