BREAKING: EBC cuts interest rates in line with expectations

Deposit rate was lowered to 2.75%, in line with expectations. Previously the deposit rate was at 3.00%.

Statement:

ECB lowered three key interest rates by 25 bp
EBC said that is not pre-commiting to a particular rate path
EBC said that is determined to ensure that inflation stabilizes sustainably at 2% inflation goal
EBC said that the economy is still facing headwinds but rising real incomes and gradually fading effects of restrictive monetary policy should support a pick-up in demand over time.
EBC said that past rate hike are still transmitting and monetary policy is still restrictive
EBC will follow a data-depentend, meeting by meeting approach in determining appriopriate policy stance

The ECB did not surprise with a statement that is generally largely unchanged. The ECB believes that rates are still restrictive and also sees the potential for a recovery. The market still sees the potential for further interest rate cuts after today's announcement. The EURUSD is minimally rebounding in anticipation of Christine Lagarde's speech in about 20 minutes.

20 October 2025, 7:01 PM

Daily summary: A green start to the new trading week 📈

20 October 2025, 7:02 AM

BREAKING: Producer Inflation in Germany lower than expected

20 October 2025, 6:52 AM

Macro Calendar: Quiet Start to an Eventful Week

20 October 2025, 6:32 AM

Morning wrap (20.10.2025)

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BREAKING: EBC cuts interest rates in line with expectations

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