ECB Monetary Policy

Macroeconomics and Politics
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29

I=6
ECB cuts interest rate by 25 basis points as was widely-expected

  • ECB lowers its key interest rate by 25 basis points taking it to 3.25%, as was widely-expected.

  • The governing council said that disinflation is widely on track.

    “The incoming information on inflation shows that the disinflationary process is well on track. The inflation outlook is also affected by recent downside surprises in indicators of economic activity.”

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