The European Central Bank (ECB) announced its fifth rate cut since June with the lowering of three interest rates by 25 basis points. The rates on the deposit facility, the main refinancing operations and the marginal lending facility will be decreased to 2.75%, 2.90%...
Three major central banks have announced rate cuts for their respective economies. The European Central Bank (ECB) announced it was cutting rates by a quarter percentage point today, lowering its benchmark from 3.25% to 3%. “The disinflation process is well on track,”...
The European Central Bank has cut interest rates for the second consecutive month and for the third time this year. This is also the first time in 13 years that the ECB enacted back-to-back rate cuts. The ECB’s Governing Council lowered its three key interest rates by...
The European Central Bank (ECB) announced its second rate cut of the year by lowering its deposit facility rate by 25 basis points to 3.50%. The ECB’s interest rates on the main refinancing operations and the marginal lending facility were also decreased to 3.65% and...
One month after enacting its first interest rate cut in nearly five years, the European Central Bank (ECB) opted to leave rates unchanged. “While some measures of underlying inflation ticked up in May owing to one-off factors, most measures were either stable or edged...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
