July 26, 2019

ECB Holds Interest Rates, Hints At September Rate Cut

The Topline: The European Central Bank's governing council has left interest rates unchanged but hinted at cutting rates in September in a bid to support the trading bloc's ailing economy.

The eurozone's central bank deposit rate remains at 0.4%, which was last changed in 2016. Read more.


- ECB signals a rate cut, more monetary easing ahead - CNBC
- Euro hits two-year low after ECB signals future stimulus – as it happened - Guardian

- Deutsche Bank's bad bank a 'pimple on the backside' - DW

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