European Central Bank cuts rates again, says policy is becoming ‘meaningfully less restrictive’
- The European Central Bank lowered its eurozone growth forecast to 0.9% for this year and 1.2% for 2026, which is 0.2 percentage points lower than expected.
- The ECB cut its benchmark deposit rate from 2.75% to 2.5%, marking its sixth rate cut since June last year.
- Euro area inflation fell from 2.5% to 2.4%, just above the ECB's 2% target rate, influencing the bank's decision.
- ECB President Christine Lagarde is expected to address reporters about inflation and trade policy impacts later today.
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148 Articles
148 Articles
All
Left
18
Center
10
Right
13
Coverage Details
Total News Sources148
Leaning Left18Leaning Right13Center10Last UpdatedBias Distribution44% Left
Bias Distribution
- 44% of the sources lean Left
44% Left
L 44%
C 24%
R 32%
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