US EditionSunset Market Commentary - Action Forex
11 Articles
11 Articles
On Thursday, he voted against the renewed cut in interest rates, said National Bank Governor Robert Holzmann. The ECB is already "expansive" with the current interest rate of two percent.
The European Central Bank has been lowering key interest rates in the euro area for the eighth time since June 2024.
The European Central Bank (ECB) has lowered its key interest rate again – for the eighth time within a year. This decision comes at a time of economic and geopolitical uncertainty and signals a shift in strategy with far-reaching consequences for citizens, businesses, and governments.
LVZ - Leipziger Volkszeitung
rnd.deCentral bank boss Lagarde warns against uncertainty. Savings money is hardly yielding any more. Building loans are still not getting cheaper.
Sunset Market Commentary - Action Forex
The ECB delivered as expected its eighth 25 bps rate cut to 2%. One member (most likely Holzmann) voted to skip. ECB chair Lagarde avoided a question whether this was now a neutral rate but said the current level means it is well positioned to navigate through the uncertain conditions. It clearly mimics recent Fed wording used by policy makers when they are supporting the long rates status quo.
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