ECB cuts interest rates as expected, says well on track to tame inflation

Quick Summary:

Don't miss the most important news and views of the day.

This debate is unlikely to have been settled on Thursday so ECB President Christine Lagarde may well offer no commitments and few clues about any future policy moves at her 1245 GMT news conference.

But policy hawks are still likely to oppose quick rate cuts given that inflation could tick up in the coming months.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: BusinessFinance

Markets: India

Topics: ECB European Central Bank Banks President Christine Lagarde Interest rate

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-17 @ 18:03:27 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 473 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23102321

View Article Analysis

About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 372 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

Frequently Asked Questions