ECB lowers deposit rate to 3.5% as inflation nears targetSeptember 12, 2024 European Central Bank lowers key rate to 3.5% as it aims to counter slowing economic momentum and maintain inflation near the target level in challenging times.
ECB slashes rates, addressing inflationary pressures in Euro zoneJune 6, 2024 ECB’s June rate cut puts it ahead of the U.S. Federal Reserve, which continues to grapple with inflation challenges in the U.S.