The European Central Bank decrees its fifth consecutive interest rate cut, sets the price of money at 2.5%, and anticipates that the next monetary decisions are not at all clear. Huge uncertainty". "Uncertainty everywhere".

It is the fifth consecutive cut, and the price of money stands at 2.5%. The European Central Bank (ECB) meets market expectations and lowers interest rates by 25 basis points to 2.5%. This was reported by the regulatory body on Thursday after the meeting of its Governing Council.

The ECB’s rate-setting council lowered its benchmark deposit rate to 2.5%. That should provide support for growth by making it cheaper to borrow and buy a house or expand a factory. The rate was raised to a record 4% to combat inflation that reached 10.6% in Oct. 2022, but has been reducing it steadily since June.

A trade war with the United States is looming and growth ... but we would expect growing disagreement among Governing Council members." The ECB will struggle to keep up with the rapid change ...

The European Central Bank cut interest rates as expected on Thursday and kept the door ajar to more, even as a looming trade war with the US and plans to

The European Central Bank (ECB) will announce its interest rate decision on Thursday, with market expectations leaning towards a 25 basis point cut, bringing th

Ireland’s biggest hotel operator, listed group Dalata, has hired investment bank Rothschild to help review options for the billion euro business that chairman John Hennessy says is not fairly valued by the stock market. Joe Brennan reports that the review could lead to a sale of the business.