On Thursday, the European Central Bank decided to lower interest rates by 0.25 percentage points. This action is justified by the expected achievement of the inflation target at 2 percent. After the announcement,

After lowering key rates in December, the ECB is widely expected to announce another 25 basis points (bps) cut, taking the benchmark rate on deposit facility from 3% to 2.75%. It would be the fourth straight interest rates cut after trimming them in September, October and December 2024.

The ECB is expected to drop its main lending rate from 3 per cent to 2.75 per cent, its fifth cut since last July.

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 meets on Thursday for the first time since Donald Trump returned to office, leaving U.S. tariff threats looming over the euro zone's sluggish economy and potentially complicating the economic outlook.

Officials reduced the deposit rate by a quarter-point to 2.75% — as predicted by all analysts in a Bloomberg poll.

Eurozone rate-setters are set to cut borrowing costs again this week, confident their efforts to lower inflation will remain on track despite the threat from US President Donald Trump's protectionist agenda.

Speaking at a press conference, ECB President Christine Lagarde suggested “liquid, secure and safe“ standards for central banks likely precluded Bitcoin as a reserve asset.

ECB officials reduced the deposit rate by a quarter-point to 2.75%. They continued to describe their current monetary-policy stance as ‘restrictive’, signaling more loosening is in the pipeline, while

European Central Bank Governing Council member Klaas Knot said investor bets for interest-rate cuts in January and March are reasonable, while any commitment beyond is difficult due to heightened global uncertainty.

Chief Adviser Professor Muhammad Yunus has sought the assistance of the European Central Bank president Christine Lagarde to recover

Speaking to leaders at the World Economic Forum in Davos, Lagarde had to go onto the defensive in the face of criticism from a leading US financier.