Published 14 days ago

ECB cuts interest rates for first time in five years

The European Central Bank lowered interest rates before the US Federal Reserve and Bank of England to combat receding inflation caused by years of rate hikes.
The ECB's first rate cut in almost five years reduced the benchmark rate in eurozone countries to 3.75% from its peak of 4% since September.

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BBC News

European Central Bank cuts interest rate to 3.75%

The European Central is the second major economy to cut its main interest rate this week.

14 days ago·United Kingdom

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The Guardian

European Central Bank cuts main interest rate by 0.25 points

ECB reduces rate to 3.75% across eurozone, putting it ahead of US Federal Reserve and Bank of England

14 days ago·London, United Kingdom

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Associated Press News

Europe Central Bank jumps ahead of the Fed in lowering rates. But future cuts may be limited

The European Central Bank cut its key interest rate by a quarter-point, moving ahead of the U.S. Federal Reserve as central banks around the world lean toward lowering borrowing costs a shift with far-reaching consequences for home buyers, savers and investors.

14 days ago·United States

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abc News

European Central Bank cuts interest rates by quarter point, moving ahead of US Fed to lower credit costs for consumers.

14 days ago·United States

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CNN

Interest rates are coming down in Europe. The Fed won’t follow yet

The European Central Bank cut interest rates Thursday, moving before the US Federal Reserve and the Bank of England to lower borrowing costs as inflation recedes following years of rate hikes.

14 days ago·Atlanta, United States

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