Frankfurt trims its key lending rate, the one that affects mortgage rates, by 25 basis points to 4 per cent, providing some relief for mortgage holders ...
The ECB has struggled with runaway inflation over the past three years but started to lower interest rates from record highs in June as price pressures are clearly moderating. Weak growth is one ...
FRANKFURT — The European Central Bank cut its key deposit rate by 0.25 percentage points to 3.50 percent, responding to a drop in inflation and increasing signs of weakness in the eurozone economy ...