The European Central Bank (ECB) announced on Thursday it was lowing the benchmark deposit rate to 2.75% as the eurozone economy continues to show weakness. The quarter-point cut was the fifth time the ...
The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates.
Despite US President Donald Trump's sabre-rattling, the European Central Bank is set to press on with interest rate cuts ...