ECB’s Kazaks Endorses Steady Interest Rate Reductions
ECB Governing Council member Martins Kazaks advocates for a gradual approach to interest rate cuts, aligning with the recent 25 basis point reduction announced in October.
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ECB Governing Council member Martins Kazaks advocates for a gradual approach to interest rate cuts, aligning with the recent 25 basis point reduction announced in October.
The European Central Bank cuts three key interest rates by 25 basis points, aiming to boost economic growth and support businesses across the Eurozone.
At the Bund Summit, experts discuss the eurozone’s inflation drop from 9% to 2.2%, exploring the ECB’s strategies to balance inflation and growth.
The European Central Bank has kept key interest rates steady at record highs, maintaining the main refinancing operations at 4.50%, marginal lending at 4.75%, and deposit at 4.00%.