<p>European Central Bank makes 0.25-point cut as expected after eurozone inflation fell to 2.2% in August</p><p>The European Central Bank has lowered interest rates for the second time this year, as it warned that economic growth in the eurozone will be weaker than it had hoped.</p><p>The ECB’s governing council decided to lower its deposit rate – paid to banks that make overnight deposits with the Eurosystem – by a quarter of a percentage point, from 3.75% to 3.5%, on Thursday.</p> <a href="https://www.theguardian.com/business/2024/sep/12/economic-growth-in-eurozone-will-be-weaker-than-hoped-says-ecb">Continue reading...</a>