European Central Bank policymakers meet on Thursday with fading price pressures and weaker economic activity in the eurozone nudging them towards making another cut to interest rates. "The ECB is on a path to cut interest rates at each one of the next five policy meetings," including Thursday's gathering, HSBC bank analyst Chris Hare said.

European Central Bank policymakers meet on Thursday with fading price pressures and weaker economic activity in the eurozone nudging them towards making another cut to interest rates. "The ECB is on a path to cut interest rates at each one of the next five policy meetings," including Thursday's gathering, HSBC bank analyst Chris Hare said.

The ECB is on a path to cut interest rates at each one of the next five policy meetings

Oct. 17 (UPI) -- The European Central Bank's governing council Thursday cut three key interest rates by 25 basis points, based on inflation falling.

Policymakers who set interest rates for the 20 countries that use the euro have lowered rates in back-to-back meetings for the first time since 2011.

The decision came after new figures showed inflation across the bloc had fallen to its lowest level in more than three years.

Rate cut is its third since June and shows optimism among rate-setters over the path of inflation

The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is cutting borrowing costs once again after figures showed inflation across the bloc falling to its lowest level in more than three years...

Economists and investors expect the bank to deliver another cut in December.

LONDON (AP) — The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is expected to cut borrowing costs once again on Thursday after figures showed inflation across the bloc falling to its lowest level in more than three years and economic growth waning.

The decision is to majorly benefit tracker mortgage holders.

Lower rates kick in on October 17, making it more affordable to purchase a home, or a car

The European Central Bank (ECB) interest rate decision will be announced following the October monetary policy meeting at 12:15 GMT on Thursday.

EUR/USD is trading heavy below the 200-day moving average (1.0873).

London stocks were flat in early trade on Thursday as investors eyed an expected rate cut by the European Central Bank.

LONDON : Seven of the 10 big developed-market central banks tracked by Reuters have now started easing policy, with expectations of how quickly each will move swinging back and forth as policymakers stress data dependency.Here's where major rate-setters stand and what traders expect next. 1/

HANOI : Vietnam can still meet its economic growth target this year despite the extensive damage caused by Typhoon Yagi and is open to the possibility of interest rate cuts, central bank deputy governor Dao Minh Tu said on Thursday.Tu also told a media briefing that business and manufacturing activities w

There was no timeout for the US Dollar’s rally on Wednesday, which extended its gains for the sixth consecutive day and hit new two-month highs despite global yields retreated further.

Here is what you need to know on Thursday, October 17: The US Dollar (USD) continued to gather strength against its major rivals midweek, with the USD Index rising 0.3% to register its highest daily close in over two months on Wednesday.