ECB cuts interest rates again, says they want nothing to do with Bitcoin
· 5h · on MSN
ECB cuts rates for fifth time to 2.75 per cent
ECB cuts rates again as stagnant eurozone braces for Trump blast
Several members of the ECB’s Governing Council have already voiced such fears, stressing that the ECB should cut rates to a “neutral” level as quickly as possible. Deutsche Bank’s Mark Wall said in e-mailed comments that rates may “quite probably” end up below neutral by year-end.
ECB President Christine Lagarde has firmly stated that Bitcoin will not be included in EU reserves due to concerns over regulatory risks.
was speaking today after interest rates were cut by a further 25 basis points Business Post subscribers can read:
Following is the text of European Central Bank President Christine Lagarde's statement after the bank's policy meeting on Thursday:
In his first week as US President, Donald Trump’s crypto policies reportedly drew the attention of a European Central Bank official, encouraging the development of a digital euro.
Investors eye ECB rate decision and press conference for clues on future cuts. Will a dovish stance propel the DAX higher?
The European Commission presented on Wednesday its plans to reverse industrial decline in the bloc and step up efforts to compete with the United States and China in new fields such as AI, and to lower energy costs and cut red tape.
Speaking at a press conference, ECB President Christine Lagarde suggested “liquid, secure and safe“ standards for central banks likely precluded Bitcoin as a reserve asset.
Brussels has called on EU member states to help revive the bloc's sluggish economies. It laid out a Competitiveness Compass with policies to boost growth. Can the plan make Europe fit for competing with China and the US?
The Fed left the rate unchanged as expected, while the ECB slashed the interest rate by 0.25 percentage point, " Alexander Shepelev noted
Christine Lagarde, President of the European Central Bank (ECB), expressed her skepticism regarding the inclusion of Bitcoin in the monetary reserves of any European Union (EU) country. Her comments were in response to her Czech counterpart,
12h
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to chart a course amid political turmoil in leading economies
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