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Coverage dated June 4, 2024 to June 5, 2024

European Central Bank cuts interest rates as inflation cools

Headline from UPI, on the newest of 2 developments

The European Central Bank Thursday lowered three key interest rates by 25 basis points, citing falling inflation.

UPI's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Developments in this update

2 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.

  1. European Central Bank set to cut rates for the first time since 2019

    Headline from NBC 5 Dallas-Fort Worth ·

  2. Newest

    European Central Bank cuts interest rates as inflation cools

    Headline from UPI ·

Read the reports

Reports & sources

21 articles, oldest first.

  1. NBC 5 Dallas-Fort Worth

    European Central Bank set to cut rates for the first time since 2019 (opens NBC 5 Dallas-Fort Worth)

    Published

    NBC 5 Dallas-Fort Worth's feed description

    It will mark the official end to the record fast-hiking cycle that begun after the Covid-19 pandemic as inflation soared higher.

  2. New York Times

    Europe’s Fed Problem (opens New York Times)

    Published

    New York Times's feed description

    The European Central Bank is widely expected to cut interest rates on Thursday. But how low it can go may ultimately depend on the Federal Reserve.

  3. New York Times

    E.C.B. Is Likely to Leapfrog the Fed on Interest Rate Cuts (opens New York Times)

    Published

    New York Times's feed description

    With eurozone inflation falling, the European Central Bank has signaled it is ready to lower rates this week, diverging from the U.S. Federal Reserve.

  4. Daily Journal

    Interest rates are likely headed down, at least in Europe (opens Daily Journal)

    Published

    Daily Journal's feed description

    FRANKFURT, Germany (AP) — The European Central Bank plans to move ahead of the U.S. Federal Reserve on Thursday in cutting interest rates, making the eurozone the biggest rich-world economy to start easing borrowing costs for businesses and consumers as the inflation that arose after Russia’s full-s…

  5. UPI

    European Central Bank cuts interest rates as inflation cools (opens UPI)

    Published

    UPI's feed description

    The European Central Bank Thursday lowered three key interest rates by 25 basis points, citing falling inflation.

  6. CNN

    Interest rates are coming down in Europe (opens CNN)

    Published

    CNN's feed description

    The European Central Bank cut interest rates Thursday, moving before the US Federal Reserve and the Bank of England to lower borrowing costs as inflation recedes following years of rate hikes.

  7. Washington Times

    The Europe Central Bank jumps ahead of the Fed in lowering rates. But future cuts may be limited. (opens Washington Times)

    Published

    Washington Times's feed description

    The European Central Bank cut its key interest rate Thursday by a quarter point, moving ahead of the U.S. Federal Reserve as central banks around the world lean toward lowering borrowing costs - a shift with far-reaching consequences for home buyers, savers and investors.

  8. The Guardian

    European Central Bank cuts main interest rate by 0.25 points (opens The Guardian)

    Published

    The Guardian's feed description

    ECB reduces rate to 3.75% across eurozone, putting it ahead of US Federal Reserve and Bank of England

  9. NBC News

    European Central Bank cuts interest rates for the first time since 2019 (opens NBC News)

    Published

    NBC News's feed description

    The European Central Bank on Thursday confirmed a widely anticipated reduction in interest rates at its meeting in Frankfurt, Germany, despite lingering inflationary pressures in the 20-nation euro zone.

  10. Insider

    Europe's central bank cuts interest rates for first time in 5 years (opens Insider)

    Published

    Insider's feed description

    The European Central Bank announced it would lower its benchmark interest rate from 4% to 3.75%, marking its first cut since 2019.

  11. Investopedia

    What Does the ECB's Rate Cut Mean for the US? (opens Investopedia)

    Published

    Investopedia's feed description

    The European Central Bank became the second major economy to cut key interest rates Thursday but the Federal Reserve isn't likely to follow that example when it meets next week.

  12. Washington Post

    ECB cuts interest rates as inflation fight reaches a turning point (opens Washington Post)

    Published

    Washington Post's feed description

    The European Central Bank cut interest rates, the first major central bank to do so, skipping ahead of the Federal Reserve.

  13. Portland Press Herald

    Europe Central Bank jumps ahead of the Fed in lowering rates, but future cuts may be limited (opens Portland Press Herald)

    Published

    Portland Press Herald's feed description

    The ECB cut its key interest rate by a quarter of a point, moving ahead of the Reserve as central banks around the world lean toward lowering borrowing costs.

  14. Deseret News

    Will Thursday's EU interest rate cut push the Fed to do the same? (opens Deseret News)

    Published

    Deseret News's feed description

    Why did the EU cut the interest rate? Will he Federal Reserve cut the interest rate? Is U.S. inflation going down?

  15. Forbes

    European Central Bank Cuts Interest Rates As Timing Of Fed’s First Cut Looms (opens Forbes)

    Published

    Forbes's feed description

    Canada and the European Union have both lowered their lending rates, but the U.S. has yet to take the step as inflation remains pesky.

  16. Deutsche Welle

    ECB cuts interest rates for first time since 2019 – DW (opens Deutsche Welle)

    Published

    Deutsche Welle's feed description

    The European Central Bank (ECB) has announced a quarter-point interest rate cut amid slowing inflation.

  17. The Boston Globe

    European Central Bank cuts interest rates for first time since 2019 (opens The Boston Globe)

    Published

    The Boston Globe's feed description

    The bank signaled a pivot away from its aggressive policy to stamp out a surge in inflation.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

European Central Bank cuts interest rates as inflation cools | Since Then