The European Central Bank, as expected, on Thursday cut its key interest rates, lowering the deposit rate by 25 basis points, or a quarter of a percentage point, to 3.5%. It follows a quarter-point ...
An uptick in services inflation is clearly requires "very attentive understanding" and monitoring, ECB President Christine Lagarde said, but is expected to subside in 2025. Services inflation in the ...
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to lower the benchmark interest rate by 25 basis points at the September policy meeting and responds to ...