"ECB Cuts Interest Rates by 25 Basis Points for First Time Since 2019, Driven by Low Inflation and Improved Forecasting, Despite One Dissenting Vote; Markets Expect Additional Cuts"

European Central Bank cuts interest rates for the first time since 2019

Watch ECB President Christine Lagarde's full press conference hereOne central bank head dissented on rate cut decision: LagardeThe President of the European Central Bank (ECB) Christine Lagarde gestures as she addresses a press conference following the meeting of the governing council of the ECB in Frankfurt am Main, western Germany, on June 6, 2024. Kirill Kudryavtsev | Afp | Getty ImagesThe European Central Bank's decision to cut interest rates by 25 basis points was voted for by all of the 20...