The index is down over 3% for the week. Meanwhile, yesterday, the European Central Bank lowered the deposit facility rate from 2.75% to 2.5%, marking the sixth rate cut since June of last year. The US ...

The index is down over 3% for the week. Meanwhile, yesterday, the European Central Bank lowered the deposit facility rate from 2.75% to 2.5%, marking the sixth rate cut since June of last year.

Following the ECB's sixth rate cut since June, officials indicated that the monetary policy stance was becoming “meaningfully less restrictive.” The seemingly more hawkish tone followed news on ...

(Reuters) - U.S. Federal Reserve Governor Adriana Kugler said on Friday that rising inflation risks argue for an extended period of steady central bank interest rate policy. “Given the recent ...

The euro touched a four-month peak against the US dollar on Thursday, March 6, after the European Central Bank (ECB) cut interest rates for the sixth time in nine months, as expected, but revised ...

The data was published the day after the European Central Bank lowered borrowing costs by a further quarter point – 0.25 of a percentage point – which was its sixth rate cut since July.

Rates for home loans fell for the sixth straight week as concerns about the economy buffeted financial markets. In the week ending March 6, 30-year fixed-rate mortgages averaged 6.63% ...

The European Central Bank on Thursday lowered interest rates by 25 basis points, bringing the deposit facility rate to 2.5%. The widely expected move marks the central bank’s sixth rate cut in nine ...

It was a sixth rate cut in seven meetings. ECB President Christine Lagarde left open a possible pause on interest rates at the bank's next policy meeting in April or at subsequent meetings.

The quarter-point cut is the sixth time the eurozone's central bank has trimmed the rate since mid-2024. The fight against inflation was proceeding well, the Frankfurt-based bank said.

European Central Bank (ECB) president Christine Lagarde hinted that the bank may pause the current cycle of interest rate cuts next month as the looming threat of a trade war with the US and big ...