The ECB cut rates by 25 basis points despite raising inflation forecasts for 2024 and 2025.

Sharing is Caring!

The European Central Bank (ECB) recently made a decision to cut interest rates by 25 basis points. Specifically, the main interest rate was reduced to 3.75%, while the main refinancing rate and the marginal lending facility rates were also adjusted.



See also  Yellen Denies Food Inflation
See also  June 2024 marked the first time in 44 months that no global central bank hiked interest rates.
Views: 98

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.