ECB’s Latest Rate Cut: A Tightrope Walk for Europe’s Economy

The European Central Bank (ECB) has once again lowered interest rates, marking its fourth cut in 2024. The deposit rate now stands at 3%, down from 3.25%. This move underscores the ECB’s ongoing struggle to boost a sluggish economy while keeping inflation in check. ECB President Christine Lagarde projects inflation will hit the 2% target […]