ECB cut interest rates for a second time in three months

September 12, 2024 | 3:43 pm

eurozone

Eurozone interest rates have been cut for the second time in three months.

The European Central Bank decided to reduce its rates by a quarter of one per cent.

180 thousand tracker mortgage holders here will benefit, while there will be pressure on banks to reduce rates for variable rate customers.

ECB President Christine Lagarde would not be drawn today on the prospect of another rate cut next month:

More News

Scroll to Top