ECB cuts rates and launches stimulus to tackle low inflation

Stephanie Baxter
clock

The European Central Bank (ECB) has cut interest rates that were already close to zero and introduced a stimulus plan in a bid to kick-start the eurozone economy.

President Mario Draghi's announcement on 4 September was in response to low inflation, poor growth in bank lending and weak economic data over August. The central bank cut its main refinancing r...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

'More work needed' for trust-based schemes to make most of targeted support

'More work needed' for trust-based schemes to make most of targeted support

Advice Guidance Boundary Review proposals need clarification to provide trustees comfort

Jenna Brown
clock 13 February 2025 • 6 min read
TPR updates on pension scam prevention work

TPR updates on pension scam prevention work

Blog from regulator updates on industry collaboration, publication and legislation

Jasmine Urquhart
clock 06 February 2025 • 2 min read
SPP: Sizing up the DC market

SPP: Sizing up the DC market

David James looks at proposed changes to the DC pensions market in order to encourage scale

David James
clock 30 January 2025 • 3 min read
Trustpilot