With an eighth straight cut in its key interest rates, the ECB believes that the monetary institute is “in a good position” to deal with uncertainties, notably international trade tensions, and to keep inflation on track at 2% over the medium term.
On Thursday 5 June, on the basis of new inflation and growth forecasts, the Governing Council decided to cut the three key interest rates of the monetary institute by 25 basis points. From Wednesday 11 June, the deposit facility rate, the...