European Central Bank Cuts Interest Rates By 0.25%, But Projects Inflation 'Above Target Well Into Next Year'

www.benzinga.com

European Central Bank Cuts Interest Rates By 0.25%, But Projects Inflation 'Above Target Well Into Next Year'

www.benzinga.com

UllallullooMA to

InvestingEnglish · 6 months ago

European Central Bank Cuts Interest Rates By 0.25%, But Projects Inflation 'Above Target Well Into Next Year' - Invesco CurrencyShares Euro Currency Trust (ARCA:FXE)

www.benzinga.com

ECB lowers interest rates by 25 basis points, first cut since 2016. Inflation projections revised upwards, euro and bond yields rise.

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