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 ...
Read More

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  ...
Read More

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 ...
Read More

ECB Rate Remains at 0.75%

The European Central Bank has left its interest rates unchanged today. That's broadly as expected - though some economists had suspected there could be a shock cut. President Mario Draghi said he still expects Eurozone inflation to fall ...
Read More

ECB Interest Rate Held at 0.75%

This week - hidden amongst all the Budget 2013 news - the ECB held the eurozone interest rate at the record low of 0.75%. There had been hints of a drop last month - but that didn't happen ...
Read More

ECB Interest Rate Held at 0.75%

At today’s meeting of the  Governing Council of the ECB  it  was decided that the interest rate on the main refinancing operations  will remain unchanged at 0.75%.  It has been 0.75% since July. Comments on Wednesday by President ...
Read More