ECB decision: Interest rates cut to nearly 2-year low — and more easing likely
- Posted on January 30, 2025
- By Bing News
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ECB decision: Interest rates cut to nearly 2-year low — and more easing likely
The European Central Bank on Thursday cut interest rates by a quarter of a percentage point, saying it expects inflation to fall back to its target later in the year and signaling that further easing is likely in coming months.