ECB decision: Interest rates cut by quarter-point as 'disinflationary process is well on track.'
He expects a quarter-point cut in December, to take the main rate down to 3%, and cuts at every meeting after that until June. For investors, he said investment-grade fixed income still offers an attractive chance to secure higher yields, and he said small- and mid-cap stocks in Europe offer attractive value and should benefit from the rate cuts.
ECB President Christine Lagarde speaks to CNBC's Annette Weisbach after the central bank delivered its third rate cut this ...
They argued for dropping a long-standing pledge to keep borrowing costs "sufficiently restrictive for as long as necessary", ...
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to lower the benchmark interest ...
The European Central Bank (ECB) looks set to reduce interest rates to 2 per cent or less before the summer, with the ...
The risk of the euro sliding to parity with the dollar is mounting in financial markets after this week’s interest-rate cut ...
Following the September policy meeting, the ECB decided to lower the interest rate on the marginal lending facility to 3.9% ...
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