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European Central Bank cuts key interest rates, first since 2019
Updated : 1 year, 11 months ago IST
The European Central Bank (ECB) cut the key interest rates for the first time in five years on Thursday. It reduced three key policy rates by 25 basis points (100 basis points is equal to 1 percentage point).
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ECB hikes interest rates by 25 bps in fight against inflation
Updated : 3 years ago IST
In light of the ongoing high inflation pressures, the Governing Council of the European Central Bank (ECB) decided to raise the key interest rates by 25 basis points (100 basis points makes 1 percentage points).
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