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ECB Cuts Interest Rates As Fed Decision Looms

Canada and the European Union have both lowered their lending rates, but the U.S. has yet to take the step as inflation remains pesky.

By: Forbes

Jun 10 2024
39
4391 Views

ECB Cuts Interest Rates As Fed Decision Looms — ECB Cuts Interest Rates As Fed

Topline The European Union’s central bank lowered interest rates for the first time since 2019 on Thursday, which, though heavily anticipated by economists and investors alike, represents a major milestone in the global economy’s monetary policy pivo... [2647 chars]

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