ECB Cuts Interest Rates for Second Time in Three Months
- The European Central Bank cut borrowing costs again as inflation threats lessen and economic growth slows.
- The main deposit facility rate decreased by 0.25 percentage points to 3.50%, mirroring the cut in June.
- The ECB stated it is not committing to a specific rate path, focusing on various economic indicators.
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Coverage Details
Total News Sources0
Leaning Left19Leaning Right14Center18Last UpdatedBias Distribution37% Left
Bias Distribution
- 37% of the sources lean Left
37% Left
L 37%
C 35%
R 28%
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