ECB to deliver fresh rate cut as inflation cools

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FRANKFURT The European Central Bank is expected to cut interest rates again this week as inflation drifts back down towards its two-percent target, but policymakers will likely stay tight-lipped on future moves. The ECB began raising rates sharply in mid-2022 to throttle surging consumer prices but has begun to ease the pressure as inflation rates have fallen. The Frankfurt-based central bank, which sets monetary policy for the 20 countries that use the euro, made its first cut in June,

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ECB to deliver fresh rate cut as inflation cools https://www.hurriyetdailynews.com/ - 09.09.2024 11:04

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ECB to deliver fresh rate cut as inflation cools https://www.hurriyetdailynews.com/ - 09.09.2024 11:04