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.
The ECB cut the deposit interest rate, which is the new policy rate, by 25bp. Don’t forget that the spread between the ...
The European Central Bank cut its key interest rate again on Thursday as inflation cools while president Christine Lagarde ...
The ECB followed its June cut with a 25 basis point reduction in its key deposit rate to 3.5 per cent, in a strongly ...
ECB president Christine Lagarde said: "According to survey indicators, the recovery is continuing to face some headwinds. We ...
EUR/USD found higher ground on Thursday, rising back above the 1.1050 level as markets lean into a risk-on stance after US ...
ECB chief Christine Lagarde said that progress was being made in the fight against inflation, which was on a 'declining path, ...
The European Central Bank (ECB) is lowering interest rates in the eurozone. The deposit rate, which sets the trend on the financial market and which banks receive for money parked with the ECB, will ...
The ECB cut interest rates for the second time this cycle reflecting the continued progress on inflation and "subdued" economic activity.
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.
Detailed price information for British Pound/Namibian Dollar (GBPNAD) from The Globe and Mail including charting and trades.