ECB Cuts Interest Rates Again
This is a Slovenia news story, published by Global News, that relates primarily to ECB news.
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rate cutGlobal News
•European Central Bank cuts key rate to lowest level in 3 years - National | Globalnews.ca
79% Informative
Inflation fell to 1.8% in September , the first time in three years that it has been below the ECB ’s target rate of 2% .
The bank's rate-setting council lowered its benchmark rate from 3.5% to 3.25% at a meeting in Slovenia .
The rate cut is its third since June and shows optimism among rate-setters over the path of inflation.
VR Score
90
Informative language
96
Neutral language
67
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semi-formal
Language
English
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52
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