Next Ecb Interest Rate Decision 2024

Next Ecb Interest Rate Decision 2024. The ecb left interest rates unchanged last month but made clear that its next move will be a cut, most likely on june 6, provided wage and inflation data stay on. The governing council of the ecb sets three rates.

The ecb sets this rate above the minimum bid rate to penalise banks for borrowing emergency funds to meet their reserve requirements. Ecb is set to begin cuts but path beyond gets murkier.