ECB Cuts Interest Rates Again Amid Slowing Eurozone Inflation and Growth Concerns
Inflatie
The European Central Bank ( ECB ) has cut interest rates again as inflation in the Eurozone slows and economic growth falters. However, no clear guidance was given on future actions, even though investors expect continued easing in the coming months. The deposit rate was lowered by 25 basis points to 3.5%, a move anticipated after a similar cut in June. Inflation is now nearing the ECB ’s 2% target, while the Eurozone economy skirts the edge of recession. Although this cut was widely expected,
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