• Sat, Feb 28, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Indonesia News Portal for Traders | Financial & Business Updates

12 September 2024 19:19  |

ECB Lowers Benchmark Interest Rrate by 25 bps as Expected

The European Central Bank (ECB) announced on Thursday that it lowered the interest rates on the marginal lending facility to 3.9% from 4.5% and the deposit facility, also known as the benchmark interest rate, by 25 basis points to 3.5%. The ECB also cut the interest rate on the main refinancing operations by 60 bps to 3.65%.

Source : Fxstreet

Related News

MONETARY

Australia's Economy Stays Subdued as Consumers Rein In Spend...

Australia's economic weakness persisted in the three months through June as consumers hunkered down in the face of elevated b...

4 September 2024 08:55
FISCAL & MONETARY

ECB Lowers Benchmark Interest Rrate by 25 bps as Expected

The European Central Bank (ECB) announced on Thursday that it lowered the interest rates on the marginal lending facility to ...

12 September 2024 19:19
FISCAL & MONETARY

Fed's Waller Says Jobs Data â€ËÅ...

Federal Reserve Governor Christopher Waller said it's important for the US central bank to begin cutting interest r...

6 September 2024 22:05
MONETARY

Swiss Inflation Rate Down to 5-Month Low

The annual inflation rate in Switzerland eased to 1.1% in August 2024, down from 1.3% in the previous two months and below ma...

3 September 2024 14:19
BIAS23.com NM23 Ai