What does the ECB rate cut mean for borrowers and savers?
Well, according to financial adviser Michael Dowling, the 0.25 per cent cut announced by the ECB equates to a €13 per month saving for every €100,000 owed on a tracker mortgage. To save you doing the maths, a person with an outstanding home loan of €250,000 is likely to be better off by around €33 per month from the end of February.
The European Central Bank is widely expected to cut interest rates for the fifth time since it began easing monetary policy.
The Governing Council decided on Thursday to cut the three core ECB interest rates by 25 basis points: here's some key points ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Following the January meeting, the Fed left the policy rate unchanged at 4.25%-4.5% as expected. In its policy statement, the ...
The Federal Reserve and the European Central Bank will announce their interest rate decisions today and tomorrow respectively ...
The Federal Reserve's future moves on interest rates in 2025 will be in a narrow range unless the trajectory of inflation ...
FRANKFURT -- The European Central Bank (ECB) on Thursday decided to lower key interest rates by 25 basis points.
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