ECB Cuts Interest Rates, Sees Long-Term Inflation Settling at 2%
The European Central Bank (ECB) lowered rates by 25 basis points at today’s meeting, a move that was widely expected. The Euro, which has posted impressive gains in recent weeks, is barely affected by the decision so far.
The European Central Bank (ECB) lowered rates by 25 basis points at today’s meeting, a move that was widely expected. The Euro, which has posted impressive gains in recent weeks, is barely affected by the decision so far.