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The European Central Bank (ECB) cut interest rates by a further 0.25 percentage points on Thursday while keeping the door open to further rate cuts as Europe’s flagging economy and the risk of a ...
It was the fifth ECB reduction since June and markets expect two or three more this year, driven by arguments that the biggest inflation surge in generations is nearly defeated and the flagging ...
The fifth ECB rate cut since June, which had been well telegraphed to the market, lowered the rate that the central bank pays on deposits to 2.75% from 3.0%. "The disinflation process is well on ...
The ECB says the first overhaul in a decade aims to boost stability and diversity on the body while ensuring staff reps remain in touch with the bank’s work, but current representatives view the move ...
ECB President Christine Lagarde speaking on Jan. 30. Source: Reuters Lagarde was addressing concerns following Czech National Bank Governor Aleš Michl’s suggestion the central bank invest in ...
As analysts anticipated, the ECB reduced its interest rates on Thursday afternoon during its January meeting. Accordingly, the interest rates on the deposit facility, the main refinancing ...
Despite Bitcoin's adoption in some national reserves, the ECB insists digital assets lack the stability needed for monetary frameworks. Lagarde consistently calls for stricter Bitcoin regulations ...
The ECB, the world's second-largest central bank, will continue to allow staff to work 110 days remotely, or roughly half of their working time, and employees do not have to be in Frankfurt for ...
The ECB reduced its key interest rate to 2.75% from 3% Thursday, widening a gap in benchmark borrowing costs with the Federal Reserve. It was the fifth cut in six meetings and came hours after the ...
Well, according to financial adviser Michael Dowling, the 0.25 per cent cut announced by the ECB equates to a €13 per month saving for every €100,000 owed on a tracker mortgage. To save you ...
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