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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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165 Articles

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Left
21
Center
20
Right
14
Center

More credit to families and businesses and cheaper mortgages (ANSA)

·Italy
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Center

The ECB continues to lower the key interest rate. She is careful about this. Because it is walking a fine line between a wall economy and inflation that is still too high. An analysis.

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Center

The effect of reducing the cost of money for families: the repercussions on mortgages, loans and investments, starting with BTPs and stock exchanges

·Italy
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Lean Right

And another decline is expected at the end of the year but the ECB says that 'there is no commitment'

·Portugal
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Lean Left

The de-escalation of interest rates is taking shape. This Thursday, the European Central Bank unanimously approved a new cut of 25 basis points in the price of money, the second so far this year, in an exercise of confidence that inflation, that long headache that has lasted three years, is increasingly under control. “[Given] the dynamics of underlying inflation and the intensity of monetary policy transmission, it is now appropriate to take a …

·Spain
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  • 38% of the sources lean Left
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sta.si broke the news in on Wednesday, September 11, 2024.
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