Now Reading:

ECB rate cut considered more likely


ECB rate cut considered more likely


The deepening recession is putting the European Central Bank under increasing pressure to further cut interest rates.

The latest data showed retail sales in the euro zone down in December for the seventh month running. And the ECB said lending by commercial banks slowed again in November, the eleventh month that has happened. There is speculation that the central bank’s policymakers may cut the cost of borrowing again as early as January.
More about:

Every story can be told in many ways: see the perspectives from Euronews journalists in our other language teams.

Next Article