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European Central Bank President Christine Lagarde is giving a press conference following the bank’s Latest Monetary Policy Decision.
Follow CNBC’s ECB Live Blog Here.
The European Tentral Bank Announced A 25-Bas-Suint Interest Rate Cut on Cut on Cut on Cut on Cut on Cut, In its expected, in its fifth Reduction Since the Central Bank Began Easing Monetary Policy In June Last ear.
The reduction brings the ECB’s Deposit Facility, its key rate, to 2.75%.Markets had been pricing in an over 90% chance of a 25-Bas-point cut ahead of the announcing.
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