ECB slashes rates for fifth time, signals more loosening in ipeline
ECB officials reduced the deposit rate by a quarter-point to 2.75%. They continued to describe their current monetary-policy stance as ‘restrictive’, signaling more loosening is in the pipeline, while ...
The Edge Singapore23h
ECB cuts rates for fifth time as Euro-zone economy flatlines
Officials reduced the deposit rate by a quarter-point to 2.75% — as predicted by all analysts in a Bloomberg poll.