The European Central Bank is widely expected to cut interest rates for the fifth time since it began easing monetary policy.

The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to chart a course amid political turmoil in leading economies France and Germany.

The European Central Bank (ECB) is expected to cut key interest rates again on Thursday in what would be the fifth rate cut in the eurozone since mid-2024. Economists expect the central bank to cut the key deposit rate - the interest that banks receive for parking funds at the ECB - by 0.

The European Central Bank cut interest rates as expected on Thursday and kept more easing on the table, sticking to its view that inflation in the euro zone is increasingly under control despite concerns about global trade.

The European Central Bank (ECB) announced today a 25-basis-point interest rate cut, marking its fifth reduction since the bank began easing monetary policy in June last year.With this adjustment, the ECB's deposit facility rate—the bank’s main interest rate—now stands at 2.