ECB to hold interest rates one last time

By Agence France-Presse

Apr 12, 2024 12:10 am

FRANKFURT, Germany: The European Central Bank (ECB) is expected to freeze its key interest rate at a record high again on Thursday but pave the way for a first cut in June as inflation eases.

Policymakers have kept borrowing costs on hold since October after a historic run of hikes to bring runaway price rises under control.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

US FTC blasts social media giants

China retains benchmark lending rates

BoJ leaves key interest rates unchanged

Huawei's $2,800 tri-fold phone hits stores

Apple testing smarter software for smarter Siri to the iPhone 16

FedEx quarterly profit drops

Cathay Airbus engine fire linked to cleaning – EU regulator