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European Central Bank trims interest rates after inflation dips below target
- The European Central Bank has cut interest rates to 2%, attributing this to lower energy prices and inflation concerns.
- U.S. President Donald Trump is pressuring Jerome Powell to lower interest rates amid ongoing trade tensions, affecting the overall economic landscape.
- The European Central Bank projected inflation at 2% for this year and growth at 0.9% for 2025, reflecting uncertainty in the eurozone economy.
- The Congressional Budget Office predicted that Trump's tariffs could decrease the U.S. budget deficit by $2.8 trillion over the next decade.
132 Articles
132 Articles
ECB cuts rates again
ECB decisionsOn June 5, the Governing Council of the European Central Bank (ECB) decided to lower the three key ECB interest rates by 25 basis points. Accordingly, the interest rates on the deposit facility, the main refinancing operations (MRO) and the marginal lending facility will be decreased to 2.00%, 2.15% and 2.40% respectively, with effect...
Monetary policy is always reactive. It refers to economic data from the past and operates in an obscure space of conjecture ... The post Rapide lowers the ECB's interest rates: The threatening economic policy melting pot in Brussels appeared first on Apollo News.
ECB is ‘nearly done’ with cuts if forecasts hold, Vujcic says
DUBROVNIK, Croatia (Reuters) -The European Central Bank is “nearly done” cutting interest rates if inflation settles at 2% as expected, ECB policymaker Boris Vujcic said on Saturday. The ECB cut interest rates on Thursday for the eighth time in the past year and signalled a policy pause next month since inflation was now safely back at its 2% target after three years of overshooting. “I would agree we are nearly done and that we are in a good po…
The European Central Bank (ECB) lowered key interest rates for the eighth time in a row in June. FOCUS online explains what this means for car and real estate loans, day and fixed money investors - and what alternatives savers have.
The European Central Bank (ECB) continues to move its cards. According to the original report, it has chosen to reduce interest rates again, marking the eighth time they do so in the last year. But it is not just a matter of moving numbers.This decision, at least in part, responds to the fact that inflation in the euro area has returned to its already well-known target of 2%.A real achievement, considering the three long years in which to exceed…
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