US EditionECB Cuts Rates. EUR/USD Spikes to 1.5-Month High
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11 Articles
The ECB's deposit rate peaked in 2023, when it was four percent. On Thursday, it hit two percent.
ECB Cuts Rates. EUR/USD Spikes to 1.5-Month High
Yesterday, as widely expected, the European Central Bank (ECB) cut interest rates for the eighth time since May 2024. According to ForexFactory, the main refinancing rate was lowered from 2.40% to 2.15% (having stood at 4.50% in May 2024).According to Reuters: → ECB President Christine Lagarde stated that interest rates are now at a “good level”, despite the extremely high uncertainty caused by tariff threats from President Donald Trump. → Follo…
The European Central Bank (ECB) announced on Thursday 5 June 2025 a 25-basis-point decrease in its three key rates, bringing the rate of the deposit facility to 2.0%, the rate of the main refinancing operations to 2.15%, and the rate of the marginal lending facility to 2.40 %.
The European Central Bank (ECB), in its attempts to stabilize the eurozone, lowered its interest rate to bank deposits by 25 basis points, to 2%, reaching a minimum since the end of 2022, This is the eighth announcement by the banking institution that regulates the group of European countries that manage the euro. The measure aims to revitalize the economic growth of the region, which is threatened by the tariff war with the United States (US), …
The European Central Bank (ECB) has lowered its main policy rate from 0.25 points to 2.0% on Thursday, as expected. This is the eighth drop in the rent of money since June 2024, and the seventh consecutive.
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