Banking

“ECB Cuts Rates for Fifth Time as Euro-Zone Economy Flatlines”

“The European Central Bank lowered borrowing costs for a fifth time since June, with the region’s economy stalling and the 2% inflation target in reach… Officials reduced the deposit rate by a quarter-point to 2.75% — as predicted by all analysts in a Bloomberg poll…

Investors maintained bets for further easing, pricing an additional 70 basis points of cuts during the rest of 2025. The euro held earlier losses, trading down 0.2% at about $1.0405. European bonds continued to trade higher…”

https://finance.yahoo.com/news/ecb-cuts-rates-fifth-time-132407507.html

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