News In Brief

Ticker

ECB set to cut interest rates

05.06.14 @ 09:29

  1. By EUOBSERVER

The European Central Bank is expected to cut its headline interest rate from its current 0.25 percent, itself a record low, to 0.1 percent at its meeting on Thursday. Analysts also expect that the ECB could introduce negative rates on deposits, in an effort to stimulate bank lending.

Stay in touch

Making sense of the EU. To make sure you don't miss out, we offer different options for staying in touch.

  1. RSS