ECB Governors Stick to Plan for Multiple Rate Cuts on Nostr: European Central Bank Cuts Interest Rates Amidst Changing Expectations ...
European Central Bank Cuts Interest Rates Amidst Changing Expectations
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#e27004a0 ver:0.94
The European Central Bank cuts interest rates by 25 basis points, the first reduction in nearly five years, in response to receding inflation caused by Russia's invasion of Ukraine. Lowering rates can impact mortgage costs, credit card charges, stock prices, and construction activity. The quarter-point rate cut is not expected to lead to further cuts as the bank monitors inflation and supports the economy. #ECB #interestrates #inflation #economy...
#newstr #Ecb #InterestRates #Inflation #Economists #Fed #RateCuts #UsEconomy #Switzerland
https://here.news/story/e27004a0?ver=0.94
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#e27004a0 ver:0.94
The European Central Bank cuts interest rates by 25 basis points, the first reduction in nearly five years, in response to receding inflation caused by Russia's invasion of Ukraine. Lowering rates can impact mortgage costs, credit card charges, stock prices, and construction activity. The quarter-point rate cut is not expected to lead to further cuts as the bank monitors inflation and supports the economy. #ECB #interestrates #inflation #economy...
#newstr #Ecb #InterestRates #Inflation #Economists #Fed #RateCuts #UsEconomy #Switzerland
https://here.news/story/e27004a0?ver=0.94