International Economic

ECB cuts rates by 25 basis points as expected

By Michele Maatouk

Date: Thursday 12 Sep 2024

(Sharecast News) - The European Central Bank cut interest rates on Thursday by 25 basis points to 3.5%, as widely expected, pointing to a slowdown in inflation.
This marked the second cut this year, after the ECB reduced interest rates in June for the first time in five years, from...

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