The European Central Bank cut interest rates on Thursday and policymakers guided for a further reduction in March as concerns over lacklustre economic growth supersede worries about persistent inflation.

The European Central Bank cut interest rates on Thursday and kept the door open to further policy easing as concerns over lacklustre economic growth supersede worries about persistent inflation. It was the fifth ECB rate cut since June and markets expect two or three more this year,

The European Central Bank on Thursday cut interest rates by a quarter of a percentage point, saying it expects inflation to fall back to its target later in the year and signaling that further easing is likely in coming months.

European shares reached a record high on Thursday, driven by industrials and technology stocks, as investors awaited the European Central Bank's monetary policy verdict, which is likely to include an interest rate cut.

The ECB (European Central Bank) continued policy normalisation today, with another 25 basis points (bps) worth of cuts across all three benchmark rates. This marks the fourth consecutive rate reduction, bringing the Deposit Facility Rate, the Refinancing Rate, and the Marginal Lending Facility Rate to 2.75%, 2.90%, and 3.15%, respectively.

Despite US President Donald Trump's sabre-rattling, the European Central Bank is set to press on with interest rate cuts Thursday as officials increasingly voice confidence that the fight against inflation is on track.

The European Central Bank cut its interest rate for the fifth time since last summer and its expected to ease borrowing at least another three times this year as it tackles ongoing economic weakness in its largest economies.

EUROZONE government bond yields and the euro held steady on Thursday (Jan 30) after the European Central Bank (ECB) cut interest rates by 25 basis points to 2.75 per cent, as expected. Read more at The Business Times.

The Czech National Bank plans to assess the possibility of including cryptocurrencies in its investment diversification.

Meta Platforms and most other U.S. stocks are rising, but drops for Nvidia and Microsoft are weighing on the market.

On Jan. 30, the European Central Bank (ECB) decided to cut its three key interest rates by 25 basis points. This brings the deposit facility rate to 2.75%,