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ECB rate cut to breathe fresh life into eurozone economy

Martin Arnold

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Frankfurt | The eurozone is set for a much-needed economic boost on Thursday when the European Central Bank is expected to start cutting interest rates for the first time in almost five years.

The scale of the impetus will depend on how much further borrowing costs fall, but stubbornly high inflation driven by rapid wage growth could limit the number of rate cuts, analysts say.

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    Original URL: https://www.afr.com/world/europe/ecb-rate-cut-to-breathe-fresh-life-into-eurozone-economy-20240605-p5jjik