ECB Cuts Interest Rates Again as Eurozone Inflation Slows
Policymakers who set interest rates for the 20 countries that use the euro have lowered rates in back-to-back meetings for the first time since 2011.
Posted inBanking and Financial Institutions European Central Bank Eurozone Inflation (Economics) Interest Rates Lagarde, Christine
E.C.B. Leaves Rates Unchanged but Keeps Door Open for September
The central bank left its key deposit rate at 3.75 percent as inflation in the eurozone is expected to fluctuate throughout the rest of the year.
Posted inEconomic Conditions and Trends European Central Bank Federal Reserve System Inflation (Economics) Interest Rates Lagarde, Christine Powell, Jerome H United States Economy
Powell Cites ‘Real Progress’ as Central Bankers Assess Inflation Fight
Jerome H. Powell, the Fed chair, and Christine Lagarde, the European Central Bank chief, sounded optimistic about recent inflation data but reiterated the need for more confidence for rate cuts.
Posted inBanking and Financial Institutions European Central Bank Eurozone Inflation (Economics) Interest Rates Lagarde, Christine Prices (Fares, Fees and Rates)
European Central Bank Cuts Interest Rates for First Time Since 2019
The reduction comes as inflation in the eurozone cools, prompting the E.C.B. to move before the Federal Reserve in the United States, where rates remain high.