It was the fifth ECB rate cut 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 ...

ECB cuts key deposit rate to 2.75% as expected Says policy remains restrictive after latest easing Lagarde says economy set to remain weak in near term Euro erases losses vs dollar as Lagarde speaks ...

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 ...

Eurozone monetary policymakers have cut interest rates again — by a quarter of a percent. Monetary policymakers hope to boost a struggling economy without fueling ...

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 cut borrowing costs by 25 basis points, as widely expected, and left the door open to further cuts as concerns over a lacklustre economy supersede worries about persistent inflation.

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 ...