ECB cuts key interest rates by 25 bps as inflation eases
European Central Bank has cut its key interest rates by 25 basis points, effective April 23, lowering the deposit facility rate to 2.25 per cent. The decision reflects confidence in the ongoing disinflation trend and moderating wage growth, though ECB flagged trade tensions and weakening growth as risks. It will continue to take a data-dependent approach without pre-committing to future rate paths.
European Central Bank has cut its key interest rates by 25 basis points, effective April 23, lowering the deposit facility rate to 2.25 per cent.
The decision reflects confidence in the ongoing disinflation trend and moderating wage growth, though ECB flagged trade tensions and weakening growth as risks.
It will continue to take a data-dependent approach without pre-committing to future rate paths.
