![](https://resources.faireconomy.media/images/emojis/64/1f647-200d-2642-fe0f.png?v=15.1)
-
EU Monetary policy decisions
The Governing Council today decided to lower the three key ECB interest rates by 25 basis points. Based on an updated assessment of the inflation outlook, the dynamics of underlying inflation and the strength of monetary policy transmission, it is now appropriate to moderate the degree of monetary policy restriction after nine months of holding rates steady. Since the Governing Council meeting in September 2023, inflation has fallen by more than 2.5 percentage points and the inflation outlook has improved markedly. Underlying inflation has also eased, reinforcing the signs that price pressures have weakened, and ... (full story)
-
— Christophe Barraud#ECB CUTS DEPOSIT FACILITY RATE BY 25BPS TO 3.75%; EST. 3.75% - BBG
*ECB CUTS MARGINAL LENDING FACILITY TO 4.50%; EST. 4.50%
*ECB CUTS MAIN REFINANCING RATE BY 25BPS TO 4.25%; EST. 4.25%(@C_Barraud) June 6, 2024
-
ECB SAYS ECB WILL CONTINUE TO REINVEST, IN FULL, PRINCIPAL PAYMENTS FROM MATURING SECURITIES PURCHASED UNDER PEPP UNTIL END OF JUNE 2024 || ECB SAYS OVER SECOND HALF OF YEAR, IT WILL REDUCE PEPP PORTFOLIO BY €7.5 BILLION PER MONTH ON AVERAGE
— First Squawk (@FirstSquawk) June 6, 2024
ECB SAYS ECB INTENDS TO DISCONTINUE…
-
ECB Not Pre-Committing To Any Particular Rate Path
— LiveSquawk (@LiveSquawk) June 6, 2024
- Inflation Likely To Stay Above Target Well Into Next Year
- Raises Inflation Forecasts For 2024, 2025
-
European Central Bank cuts main interest rate by 0.25 points
The European Central Bank has eased the pressure on borrowers across the eurozone after cutting its main interest rate for the first time in almost five years. The ECB reduced its deposit rate to 3.75% from a record high of 4%, putting it ahead of the US Federal Reserve and the Bank of England, which have yet to cut interest rates. Financial markets eagerly anticipated the first eurozone cut since September 2019, which will also affect the ECB’s main refinancing operations rate, which fell from 4.5% to 4.25%. City analysts had forecast the cut in borrowing costs at the ECB’s June meeting after signals that that ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Jun 6, 2024 8:20am Jun 6, 2024 8:20am
- Fadhl
- Joined Jan 2016 | Status: Member | 151 Comments
- Comment #2
- Quote
- Jun 6, 2024 8:22am Jun 6, 2024 8:22am
- Yazatha
- | Joined Sep 2023 | Status: Member | 35 Comments
- Comment #3
- Quote
- Jun 6, 2024 8:23am Jun 6, 2024 8:23am
- ww3361
- | Joined Jun 2012 | Status: Member | 736 Comments | Online Now
- Comment #4
- Quote
- Jun 6, 2024 8:24am Jun 6, 2024 8:24am
- platgoldtrad
- | Joined May 2024 | Status: Junior Member | 1 Comment
- Comment #5
- Quote
- Jun 6, 2024 8:27am Jun 6, 2024 8:27am
- MatTrader101
- Joined Jun 2021 | Status: Member | 313 Comments | Online Now
- Comment #6
- Quote
- Jun 6, 2024 8:31am Jun 6, 2024 8:31am
-
Konichiwhaat
- Joined Dec 2019 | Status: Member | 125 Comments
![](https://resources.faireconomy.media/images/emojis/64/1f647-200d-2642-fe0f.png?v=15.1)
- Comment #7
- Quote
- Jun 6, 2024 8:47am Jun 6, 2024 8:47am
- Yazatha
- | Joined Sep 2023 | Status: Member | 35 Comments
- Comment #8
- Quote
- Jun 6, 2024 8:53am Jun 6, 2024 8:53am
-
Konichiwhaat
- Joined Dec 2019 | Status: Member | 125 Comments
![](https://resources.faireconomy.media/images/emojis/64/1f647-200d-2642-fe0f.png?v=15.1)
- Comment #9
- Quote
- Jun 6, 2024 9:00am Jun 6, 2024 9:00am
- Yazatha
- | Joined Sep 2023 | Status: Member | 35 Comments
- Comment #10
- Quote
- Jun 6, 2024 9:11am Jun 6, 2024 9:11am
-
Mafia
- | Joined Jan 2013 | Status: Member | 210 Comments
- Comment #11
- Quote
- Jun 6, 2024 9:47am Jun 6, 2024 9:47am
-
Mitiblotch
- Joined Sep 2017 | Status: Member | 327 Comments | Online Now
- Comment #12
- Quote
- Jun 6, 2024 2:20pm Jun 6, 2024 2:20pm
-
bel3ouchi
- Joined Jul 2013 | Status: Member | 191 Comments