Against this backdrop, the ECB’s communication in the policy statement and President Lagarde’s comments will hold the key to ...
In particular, the decision to lower the deposit facility rate – the rate through which the Governing Council steers the ...
Negative interest rates occur when prices begin to start dropping to low levels as the value of a nation's currency increases. At these times, central banks may resort to negative interest rates. The ...
Following is the text of European Central Bank President Christine Lagarde's statement after the bank's policy meeting on Thursday:Link to statement on ECB website: Good afternoon, the Vice-President ...
FRANKFURT -- The European Central Bank (ECB) on Thursday decided to lower key interest rates by 25 basis points.
The European Central Bank lowered borrowing costs for a fifth time since June, with the region’s economy stalling and the 2% ...