WorldEuropeMonetary policyPrint articleECB cuts rates again as euro zone economy stagnatesFrancesco Canepa and Balazs KoranyiOct 17, 2024 – 11.37pmSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginThe European Central Bank cut interest rates for the third time this year on Thursday, pointing out that inflation in the euro zone is now increasingly under control and the economic outlook has worsened.The first back-to-back rate cut in 13 years marks a shift in focus for the euro zone’s central bank from bringing down inflation to protecting economic growth, which has lagged far behind that of the United States for two years straight.Loading...ReutersSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreMonetary policyEuropean Central BankInterest ratesEULatest In EuropeFetching latest articlesMost Viewed In World
