With inflation slowing, ECB to cut rates again

With inflation slowing, ECB to cut rates again …C0NTINUE READING HERE >>>

European Central Bank President Christine Lagarde is not expected to reveal much about the ECB’s future plans for interest rates.
Photo: Kirill KUDRYAVTSEV / AFP/File
Source: AFP

With inflation slowing and the economic outlook darkening, the European Central Bank is expected to cut interest rates again Thursday but is unlikely to give much away about its next moves.

After raising rates at a record pace from mid-2022 to tackle surging consumer prices, the ECB has begun to ease the…

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