Posts Tagged ‘benchmark interest rate’

ECB, Bank of England set to stimulate Europe’s economy

Nathan Andrada – Fourth Estate Cooperative Contributor Frankfurt, Germany (4E) – If the ECB proceeds with the quarter percentage rate cut, it will be the first time for its benchmark interest rate to fall under 1 per cent, setting it at a record low 0.75 per cent, essentially bringing its deposit rates to zero. The […]

European Central Bank leaves key interest rate unchanged

European Central Bank (ECB) officials left the benchmark interest rate of 1 percent unchanged. The bank has not changed the rate since November. Article © AHN – All Rights Reserved Economy, Business And Finance Stories