Ecb Fx Rates 2024. After standing pat on interest rates in july, the ecb is widely. Us dollar (usd) august 2024
The european central bank (ecb) looks set to cut rates for the first time since 2019 on thursday, but what happens thereafter is a bigger puzzle. The ecb cut its deposit rate by 25 basis points (bps) to 3.50%, as expected, following a similar cut in june, as inflation is now within striking distance of its 2% target.
