Europe cuts interest rates again as economic recovery falters
The European Central Bank cut interest rates Thursday, lowering borrowing costs for the second time in recent months as inflation slows and Europe’s economy stumbles. The widely anticipated decision,
European Central Bank Cuts Rates for Second Time in Three Months
The reduction, to 3.5 percent from 3.75 percent, comes as inflation has slowed and the bank faces pressure to bolster the region’s flagging economy.
Rate Cuts Are Coming From the European Central Bank and the Fed. Experts Say the Pace Will Be Mild
But don't expect a rapid series of rate cuts from either central bank to anywhere near the rock-bottom levels from before the 2020 outbreak of the COVID-19 pandemic. Experts say the ECB will tiptoe, rather than slash,
European Central Bank to cut interest rates again as inflation and economy cools
The ECB is expected to trim borrowing costs as its focus shifts from damping inflation to supporting the bloc’s faltering economy.
Inflation's down and the European Central Bank has cut rates, again. Next up: The Fed.
With inflation subsiding, the European Central Bank cut interest rates again on Thursday to prop up tepid growth with lower borrowing costs for companies and home buyers. The U.S. Federal Reserve likely won’t be far behind in joining the rate-cutting process.
European Central Bank poised to resume its rate-cutting cycle: Live updates
The European Central Bank’s meeting comes just days before the Federal Reserve appears poised to start its own rate-cutting cycle.
European Central Bank set to cut interest rates just days before the Fed's big decision
Traders are widely anticipating an interest rate cut at the Federal Reserve's Sept. 17-18 meeting, as well as at the ECB's meeting this week.
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