The European Central Bank Management Council (ECB) reduced three basic interest rates. This is said area regulator.
According to the decision adopted on April 17, the basic interest rate decreased by 25 basic points. The deposit rate was 2.25%and in short loans -2.75%.
It is stated that the decision is based on an updated estimation of inflation, the dynamics of basic inflation and the effectiveness of monetary policy. At the last meeting of ECB on March 6 reduced Bades is also at 25 basic points.
ECB Christine Lagard’s head in the middle of last year He saidRegulator will continue to reduce betting. With the fact that high inflation is in the past, such a central bank has announced its policy, and the 2% target indicator seems to be increasingly accessible.
EARLY IN ECB Compared Economic policy with Trump’s pandemi Covid-19.
Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.