The ECB last week cut the deposit rate by a quarter point to 3%, the fourth such move since June. Officials have indicated that more steps will follow, though the differ on how many will be ...
Money markets are already pricing in a full percentage point of ratecuts by the ECB in 2025, which would bring the deposit facility rate to 2%—its lowest level since January 2023. “The ECB ...
The central bank for the 20 countries that use the euro reduced its key deposit rate by a quarter point to three percent, as widely expected. It was the ECB's third cut in a row and fourth since ...