Search results
Results from the WOW.Com Content Network
The Governing Council today decided to lower the three key ECB interest rates by 25 basis points. In particular, the decision to lower the deposit facility rate – the rate through which we steer ...
With Thursday's decision, the ECB also lowered the rate at which banks can borrow from it for a week - to 2.90% from 3.15% - and for a day, to 3.15% from 3.40%. (Reporting By Francesco Canepa ...
The European Central Bank on Thursday confirmed a widely anticipated reduction in interest rates at its meeting in Frankfurt, Germany, despite lingering inflationary pressures in the 20-nation ...
In April 2011, the ECB raised interest rates for the first time since 2008 from 1% to 1.25%, [35] with a further increase to 1.50% in July 2011. [36] However, in 2012–2013 the ECB sharply lowered interest rates to encourage economic growth, reaching the historically low 0.25% in November 2013. [1]
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.
The European Central Bank cut rates on Thursday, the Bank of Canada did as well on Wednesday, and the Bank of England is likely to do so next week – steps that, with the Fed in a holding pattern ...
The European Central Bank ECB) used these loan products to lend money to Eurozone banks at extremely low interest rates. On the 2nd of May 2010, the ECB announced that the governing council which is the main decision- making body of the ECB) decided to suspend minimum credit rating thresholds for Greek government debt used as collateral in ...
Reuters 3 hours ago Lagarde's statement after ECB policy meeting. The Governing Council today decided to lower the three key ECB interest rates by 25 basis points.