European Central Bank Cuts Interest Rates for First Time Since 2019
The reduction comes as inflation in the eurozone cools, prompting the E.C.B. to move before the Federal Reserve in the United States, where rates remain high.
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The story so far
2 developments- Jun 5, 2024European Central Bank set to cut rates for the first time since 2019
- Jun 6, 2024European Central Bank Cuts Interest Rates for First Time Since 2019
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Quiet for 845 daysLast development · Jun 6, 2024 — European Central Bank Cuts Interest Rates for First Time Since 2019
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8 viewpointsEurope Central Bank jumps ahead of the Fed in lowering rates, but future cuts may be limited
ECB cuts interest rates as inflation fight reaches a turning point
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6 viewpointsRight
0 viewpointsSame wire story as other lanes. No original Right take here.
The Europe Central Bank jumps ahead of the Fed in lowering rates. But future cuts may be limited.
Interest rates are likely headed down, at least in Europe
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