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BCE prepares possible new interest rate cut in June.
Economists anticipate a new 25 basis point decrease, with prolonged impact until 2028.
Economists anticipate a new 25 basis point decrease, with prolonged impact until 2028.
With the new cut in interest rates, those with variable rate mortgages will continue to feel some relief in the coming months.
The European Central Bank (ECB) has once again reduced interest rates for the 5th consecutive time since June 2024, reflecting confidence in inflation returning to the 2% target.
The European Central Bank (ECB) announced the 4th reduction in 2024 of 25 basis points in its three main policy rates.
It's the third consecutive time that the European Central Bank (ECB) lowers interest rates.