The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers ...
The ECB is expected to drop its main lending rate from 3 per cent to 2.75 per cent, its fifth cut since last July.
The European Central Bank cut rates on Thursday, the Bank of Canada on Wednesday, and the Bank of England is likely to do so next week.
The European Central Bank is set to lower interest rates for a fifth meeting as inflation that’s nearing the 2% target lets ...
The ECB’s deposit rate was cut to 2.75% from 3%, the lowest in nearly two years. The ECB said the move was “based on its ...
ECB cuts the deposit rate by a quarter point to 2.75 per cent as expected and offers little shift in tone from December as it continues to move policy away from restrictive territory ...