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Reduces ECB Interest Rate to 2.5%


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The European Central Bank has reduced the Benchmark to 2.5 percent to 2.5 percent, and 2 percent of inflation to the restoration of the Eurozone.

Extended action, sixth decline ECBSince the central bank, the deposit has been reduced to reduce debt costs when the deposit rate is 4 percent in June, 4 percent in inflation.

The ratio has been the lowest since February 2023.

Traders expect to reduce one or two quarters this year, according to the levels expressed by the markets of swaps.

Euro rose against the dollar after the ECB decision, and 0.3 percent in the level of $ 1,082.

Inflation In February, October 2022, 10.6 percent fell from 10.6 percent to 2.4 percent.

Prospects Eurozone economy Hundreds of billion colors to increase German defense costs and increase their country’s infrastructure can be affected by the actions of hundreds of billion chancellor and waiting.

Some analysts predict that plans can increase the expected growth of Germany to 2 percent next year.

This week, in the forecasts that do not take into account the announcement of Merz, ECB growth forecast for 2025 – the sixth load forecast for the year – as in 2026 and 2027

Now the euro area will increase by GDP to 0.9 percent this year, will increase by 1.1 percent compared to December. Growth last year was 0.7 percent slow.

This is a developing story



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