ECB delivers its second rate cut by quarter point in boost to borrowers The European Central Bank delivered a second rate cut today, with hopes of more to come in the next few months. The 0.25 percentage point cut is a boost to borrowers and comes after the ECB had increased rates 10 times up to last September. The move means the bank’s refinancing rate, from which trackers are priced, comes down to 3.65pc. In […]
