FRANKFURT (Reuters) -The European Central Bankcut interest rates for the fourth time this year on Thursday and kept the door open to more easing as the euro zone economy is dragged down by ...
The ECB sets interest rates and manages monetary ... The expectation that the US Federal Reserve will deliver fewer ratecuts in 2025 provides some support for the Greenback.
Money markets are already pricing in a full percentage point of ratecuts by the ECB in 2025, which would bring the deposit facility rate to 2%—its lowest level since January 2023. “The ECB ...
The central bank for the 20 countries that use the euro reduced its key deposit rate by a quarter point to three percent, as widely expected. It was the ECB's third cut in a row and fourth since ...