European Central Bank cuts rates for the fifth time as Germany and France teeter on the brink of recession
ECB chief Christine Lagarde (pictured) said the single currency bloc was 'set to remain weak in the near term' as the rate was cut from 3% to 2.75%.
ECB rate decision live: European central bank cuts rates to 2.75%, Lagarde press conference coming up
The European Central Bank lowered rates by 25 basis points to 2.75% as expected and kept more easing on the table.
EUR/GBP falls below 0.8400 as continuing losing streak due to a potential ECB rate cut
EUR/USD is falling back toward 1.0400 in European trading on Thursday. Unexpected French Q4 GDP contraction, ECB rate cut expectations and a renewed US Dollar uptick weigh on the pair. German and EU GDP data eyed ahead of ECB verdict.
ECB cuts interest rates again as German economy teeters on recession
The European Central Bank cut interest rates again on Thursday after separate data showed economic stagnation, led by contraction in Germany and France.
ECB To Cut Rates Again As Lagarde Sees Disinflation "Well On Track"
The European Central Bank lowered its interest rates for a fourth policy session in a row on Thursday and is likely to opt for more
Lagarde comments at ECB press conference
The European Central Bank cut interest rates on Thursday and kept the door open to further policy easing as concerns over lacklustre economic growth supersede worries about persistent inflation. Following are highlights of ECB President Christine Lagarde's comments at a news conference after the policy meeting.
European markets head for higher open anticipating ECB rate cut; Shell and Deutsche Bank earnings on deck
European markets are set for a higher open Thursday as investors await key earnings, and the European Central Bank’s latest monetary policy decision.
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