The reduction, to 3.5 percent from 3.75 percent, comes as inflation has slowed and the bank faces pressure to bolster the region’s flagging economy.The reduction, to 3.5 percent from 3.75 percent, comes as inflation has slowed and the bank faces pressure to bolster the region’s flagging economy. Banking and Financial Institutions, Inflation (Economics), Interest Rates, European Central Bank, Eurozone Read More
European Central Bank Cuts Rates for Second Time in Three Months
