The European Central Bank announced a 25-basis-point interest rate cut on Thursday. ➡️ It's the fifth cut since the central bank began easing monetary policy in June last year. ➡️ The ECB is grappling with balancing a re-acceleration of euro area inflation in recent months with sluggish economic growth in the region. Find out more here: https://cnb.cx/40RwwtT
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The European Central Bank is set to cut interest rates again, taking a different approach from the Federal Reserve. This decision emphasizes the ECB's commitment to addressing economic stagnation in the euro zone and dealing with global economic issues. Read more: https://ow.ly/qRfj50UQ0aU
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The European Central Bank effectively initiated the global transition to monetary easing with its 25bps rate cut at the June meeting and will conclude its latest 2-day Governing Council policy meeting today. However, it seems unlikely that the ECB will move again this quickly – especially in the context of the Fed and Bank of England that are still to make their respective inaugural moves.
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The European Central Bank is set to cut interest rates again, taking a different approach from the Federal Reserve. This decision emphasizes the ECB's commitment to addressing economic stagnation in the euro zone and dealing with global economic issues. Read more: https://ow.ly/ku2o50UPTBH
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“The European Central Bank will probably advance the global push for monetary easing in the coming week with an interest-rate cut that policymakers had all but ruled out just a month ago. The third quarter-point reduction of this cycle is seen likely by economists to herald a longer-lasting acceleration in action by officials seeking to cushion the euro zone from the hit to growth created by an extended period of high borrowing costs, and now playing out with a lag.”
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The European Central Bank is set to cut interest rates again, taking a different approach from the Federal Reserve. This decision emphasizes the ECB's commitment to addressing economic stagnation in the euro zone and dealing with global economic issues. Read more: https://ow.ly/6szj50UPLCI
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European Central Bank to cut rates by 25bp today - here's a 'cheat sheet' (17.10.24) Mapping scenarios for the ECB. Ahead of each European Central Bank meeting ING distribute their awesome 'cheat sheet'. Preamble: ECB widely expected to cut by 25bp • after the recent inflation slowdown • We explore how a market positioned for a predictable outcome could react to a surprise hold or more dovish guidance. We retain a bias for higher front-end EUR rates, and further pressure on EUR/USD would probably need to come with some defensive pre-election positioning.
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The European Central Bank cut interest rates yesterday for the third time this year, saying inflation in the euro zone was increasingly under control while the outlook for the bloc’s economy was worsening. The first back-to-back rate cut in 13 years marks a shift in focus for the euro zone’s central bank from bringing down inflation to protecting economic growth, which has lagged far behind that of the United States for two years straight. Read: https://lnkd.in/d6cw5Ktk
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As expected, the European Central Bank (#ECB) held #interest rates at all-time highs on Thursday. However, it signalled that it was considering a cut at its next meeting in June. The ECB said after its governing council met in Frankfurt that its benchmark deposit rate would stay at 4 per cent until rate-setters were confident price pressures had stabilized.
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The European Central Bank cut interest rates yesterday for the third time this year, saying inflation in the euro zone was increasingly under control while the outlook for the bloc’s economy was worsening. The first back-to-back rate cut in 13 years marks a shift in focus for the euro zone’s central bank from bringing down inflation to protecting economic growth, which has lagged far behind that of the United States for two years straight. Read: https://lnkd.in/dy58m3rY
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The European Central Bank (ECB) has cut rates for the fourth time this year, signalling further easing in 2025 as inflation across the euro zone is almost back at target and the economy is faltering. In a statement on Thursday afternoon, Christine Lagarde, president of the ECB, announced that the rate will be cut by 25 basis points. Read here - https://lnkd.in/gTGVu-wd
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