u88 ECB cuts rates for sixth time since mid

Đăng ngày:

Online Games u88

ECB cuts rates for sixth time since mid-2024

Anh Tuan - VOV correspondent in France -  

Friday, March 7, 2025 | 19:22:34

-The European Central Bank on Thursday cut interest rates by 25 basis points, saying monetary policy is becoming“meaningfully less restrictive.”

ECB President Christine Lagarde.

ECB President Christine Lagarde said the rate cut—the sixth since June 2024—was based on inflation trends moving steadily toward the target of 2%.“The disinflation process is well on track. Inflation has continued to develop broadly as staff expected, and the latest projections closely align with the previous inflation outlook. Staff now see headline inflation averaging 2.3% in 2025, 1.9% in 2026 and 2.0% in 2027,” saidLagarde.

Lagarde emphasized that sluggish economic growth in the eurozone was a key factor behind the rate cut. However, she also cautioned that this could be the ECB’s last rate reduction, as further monetary easing may have diminishing positive effects and could increase the risk of inflation rebounding. Future rate decisions will depend on market reactions and economic conditions, particularly in the context of ongoing tariff disputes.

The ECB has lowered its 2025 eurozone growth forecast to 0.9%, just slightly above the 0.7% growth recorded in 2024. This marks the fourth consecutive downward revision, signaling another challenging year ahead for the eurozone economy.

Anh Tuan - VOV correspondent in France

Tag、VOV VOVworld ECB eurozone interest rate inflation disinflation monetary policy economy EU EC

Related News

ECB cuts interest rates by another 0.2 percentage points

Global economy 2025: stability and implicit risks

ECB cuts interest rates for fourth time in 2024

European Central Bank cuts key interest rate to 3.25%

Feedback、Submit、var commentCount=0;

function loadcomment {

var currentPage=$.attr;

$.show;、jQuery.ajax {

console.log;

$.append;、$.attr + 1);

var countshow = parseInt * 5;

if{、$.css;、}、$.animate({、//scrollTop: $.offset.top

}, 1000);、$.hide;、}});、}、Others

US delays tariffs on imports from Mexico and Canada

Laws, policies in place to protect rights of persons with disabilities in Vietnam

Party leader to visit Indonesia, ASEAN Secretariat, Singapore

Kyrgyzstan seeks to elevate bilateral cooperation with Vietnam