ECB interest rates cuts doing little to boost growth
Aside from the monetary loosening undertaken by the ECB at the beginning of the global financial crisis, its interest rate cuts from mid-2024 to mid-2025 were the deepest over a 12-month period in its history. But the impact on GDP has been small and it is likely to remain limited in the coming quarters.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.
