European Central Bank , Cuts Interest Rates.
The action was confirmed on June 6 at
the central bank's meeting, CNBC reports. .
The European Central Bank's (ECB) key
rate will go from 4% down to 3.75%.
The ECB Governing Council issued a statement.
Based on an updated assessment of
the inflation...
The move comes a week after the Reserve Bank of India (RBI) announced pause in its key lending rates in its monetary policy for the 8th consecutive time. Zee News
Friday, 7 June 2024
