ECB Rate Stays at 0.25%

The European Central Bank has kept interest rates on hold at 0.25 per cent for the second month in a row following November’s cut. The decision was widely expected,  even though inflation had fallen  in December and  record ...
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ECB Rate Kept at all time Low of 0.25%

The ECB has today kept its benchmark interest rate at the all time low of 0.25%.  Another cut was unlikely after the recent surprise cut from 0.5% in November. ECB president Mario Draghi said the decision to keep ...
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ECB Interest Rate Cut to Just 0.25%

The European Central Bank cut interest rates to a new record low of 0.25% today. The move took financial markets by surprise and the euro fell sharply in response while European shares rose. ECB President Mario Draghi told ...
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ECB Interest Rate Held at 0.5%

The European Central Bank left it's  key interest rate unchanged at 0.5 %, as expected, today .  It was hinted by the ECB president that it was ready to cut interest rates  if needed . ECB President Mario ...
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ECB Rate to Remain Low

The European Central Bank  chief, Mario Draghi said today that  interest rates will stay at record lows for an extended period and they could well be  cut  further. The ECB rate was kept at 0.5% today     and afterwards  ...
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ECB Cuts Interest Rate to Record Low 0.5%

As was widely expected - the European Central Bank cut its main interest rate to a new low of 0.5% today (May 2nd 2013)  . The rate, had stood at 0.75% since July 2012. The new rate comes ...
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