The European Central Bank (ECB) announced a 25 basis point cut in its three policy rates, setting them at 2.00%, 2.15%, and 2.40%. This decision, taken almost unanimously by the Governing Council, aims to support the recent downward trajectory of inflation while easing credit costs for businesses and households.
It is the 9th time that the average interest rate on new credit contracts has decreased, dropping to 3.68% last June. Check out the statistics, then.
Despite reservations from some members of the European Central Bank (ECB), another interest rate cut was advanced in the month of June.
The European Central Bank (ECB) announced in June the first interest rate cut since 2016. But what impact will it have on mortgage payments?
The European Central Bank (ECB) has decided to lower interest rates for the first time since 2016 following the tightening cycle of monetary policy started in 2022, easing loans for families. Check out the numbers.