The decline in inflation allows the ecb to lower interest rates, and on thursday we cut our key policy rate by 0.25 percentage points, down from 4%. Ecb holds interest rates and points to first cut in june.
Since its monetary policy meeting on 25 january 2024,. This decision was based on the overall assessment.
Deposit Rate Kept At 4%, As All But One Economist Predicted;
Here is the 2024 calendar of monetary policy meetings:
The Ecb Cut Interest Rates By A Quarter Point, As It Had Flagged For A While.
Falling inflation is set to prompt the european central bank to start cutting interest rates by the second quarter of 2024, according to the majority of economists.
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A European Central Bank Interest Rate Cut On June 6 Appears Certain, According To All 82 Economists Polled By Reuters, A Majority Of Whom Predicted Two.
Bank has ‘transmission protection instrument’ in its armoury to help eurozone countries in crisis by buying up their debt
This Decision Was Based On The Overall Assessment.