It appears unlikely that a 0.5 percentage-point rate cut could be in store, despite headline inflation having settled near ...
The European Central Bank is releasing its its decision on interest rates and a rate cut is a foregone conclusion.
The bank's rate-setting committee announced Thursday from its Frankfurt headquarters that it is lowering the benchmark rate from 3.2 percent to 3 percent.
The move by the ECB comes as inflation across the euro zone is nearly back at target and the economy is faltering ...
The European Central Bank on Thursday lowered the deposit rate by 25 basis points. The widely-anticipated move marks the ...