European Central Bank Cuts Rates by 0.25%, Confirms Data-Driven Approach for Path Ahead

European Central Bank Cuts Rates by 0.25%, Confirms Data-Driven Approach for Path Ahead

The European Central Bank announced cuts of 0.25% (or 25 basis points) on three of its main interest rates: the main refinancing operations, the marginal lending facility, and the deposit facility. President Christine Lagarde emphasized that future decisions regarding additional cuts will depend on market reactions and evolving data. European Central Bank Cuts Interest Rates […]