With inflation slowing, ECB to cut rates again

Legit | 12-09-2024 04:51pm |

With inflation slowing and the economic outlook darkening, the European Central Bank is expected to cut interest rates again Thursday but is unlikely to give much away about its next moves. The Frankfurt-based central bank made its first cut in June, reducing the key deposit rate to 3.75 percent from a record high of four percent.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.