The ECB cut its benchmark deposit rate by a quarter of a percentage point to 3.75%, ahead of other major central banks.
Delia Niculescu
Current Affairs
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The decision was taken as euro area inflation accelerated to 2.6% in May, above the ECB's 2% target. In contrast, the US Federal Reserve is expected to keep interest rates at a 23-year high and the Bank of England is not expected to cut interest rates immediately from a 16-year high.
Sources
BCE a redus dobânda de referință pentru prima dată în ultimii cinci ani, la 3,75%
BCE reduce dobânda de referință în ZONA EURO, dar intenționează să mențină o politică monetară "strictă"
BREAKING: Banca Centrală Europeană reduce dobânda pentru prima oară în ultimii cinci ani
European Central Bank cuts interest rate to 3.75%
BCE a anunțat reducerea dobânzii de referință în zona euro cu 0,25%
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