European Central Bank meeting —
At its 12 September 2024 meeting, the European Central Bank lowered its policy rate from 3.75% to 3.50%.
Decision
cut — 3.75% to 3.50%
Key passages
The Governing Council today decided to lower the deposit facility rate – the rate through which it steers the monetary policy stance – by 25 basis points.
It will keep policy rates sufficiently restrictive for as long as necessary to achieve this aim.
Meeting documents
Background reading
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