ECB Cuts Rates for 8th Time, Signals Potential End to Rate-Cut Cycle
Key Points
- ECB slashes interest rates to 2% for the eighth time, but pl...
Want to hear a joke about interest rates? Never mind, I won't make you wait for the punchline like the ECB made us wait for these cuts.
The European Central Bank has just slashed interest rates yet again - their eighth consecutive cut - bringing the deposit rate down to a neat 2%. ECB President Christine Lagarde, master of monetary ceremonies, announced that inflation is finally behaving itself, giving the bank more wiggle room to play with its policy toolbox.
Rate Cuts: The Final Frontier?
ECB's own Yannis Stournaras made it crystal clear - they're not planning to keep this rate-cutting p...
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