ECB Likely to Cut Rates Again Amid Euro and Inflation Challenges

1 min read
Source: CNBC
ECB Likely to Cut Rates Again Amid Euro and Inflation Challenges
Photo: CNBC
TL;DR

The European Central Bank is almost certain to cut its key interest rate by 25 basis points, amid a sluggish eurozone economy and inflation near its 2% target, with further rate cuts expected later in the year, which could influence borrowing and savings rates for consumers.

Share this article

Want the full story? Read the original reporting

Read on CNBC