Interest Rates 2024 Ecb Calculator. As expected today, the bank of england (boe) held interest rates at 5.25% but signaled that they may cut rates at their next meeting in june, stating that they will. The three official interest rates the ecb sets every six weeks as part of its monetary policy to steer the provision of liquidity to the banking sector.
As of june 2024, the european central bank (ecb) has recently cut its interest rates for the first time since 2016, lowering the deposit rate by 25 basis points to 3.75%. See how components such as food, beverages, clothing and.