European Central Bank meeting —

At its 17 October 2024 meeting, the European Central Bank lowered its policy rate from 3.50% to 3.25%.

Decision

cut — 3.50% to 3.25%

Key passages

The Governing Council today decided to lower the three key ECB interest rates by 25 basis points.

Actual rate cut confirms easing bias.

The incoming information on inflation shows that the disinflationary process is well on track.

Boosts confidence that inflation is returning to target.

Meeting documents

Background reading

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