Frankfurt, Germany, Oct 17, 2024 (AFP) - ECB set to cut rates again as inflation cools

NAMPA / AFP
2024-10-17
European Central Bank policymakers meet Thursday with fading price pressures and weaker economic activity in the eurozone pushing them towards making another cut to interest rates. A late downwards revision to September's inflation data may have made the decision even easier for the members of the ECB's rate-setting governing council. Consumer prices in the eurozone rose by 1.7 percent year on year last month, the EU's data agency said Thursday,......
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MARIENTAL, 14 October 2024 - The Mariental Municipality has renamed a street in honour of Bernardus Swartbooi, the leader of the Landless People's Movement (LPM). (Photo by: Charmaine Boois) NAMPA

MARIENTAL, 14 October 2024 - The Mariental Municipality has renamed a street in honour of Bernardus Swartbooi, the leader of the Landless People's Movement (LPM). (Photo by: Charmaine Boois) NAMPA

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SWAKOPMUND, 14 October 2024 - The Political, Diplomatic and Legal Committee of the Namibia and South African Bi-National Commission, co-chaired by Ministers of International Relations and Cooperation Dr Peya Mushelenga and Ronald Lamola attending a meeting in Swakopmund to discuss among others; the  consideration on the Report of the Joint Committee of Experts on the Orange River Boundary with a focus on enhancing bilateral cooperation. (Photo by: Isabel Bento) NAMPA

SWAKOPMUND, 14 October 2024 - The Political, Diplomatic and Legal Committee of the Namibia and South African Bi-National Commission, co-chaired by Ministers of International Relations and Cooperation Dr Peya Mushelenga and Ronald Lamola attending a meeting in Swakopmund to discuss among others; the consideration on the Report of the Joint Committee of Experts on the Orange River Boundary with a focus on enhancing bilateral cooperation. (Photo by: Isabel Bento) NAMPA

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OUTJO - Popular Democratic Movement (PDM) president McHenry Venaani pictured during a party event in Outjo. (Photo by: Dalene Kooper) NAMPA

OUTJO - Popular Democratic Movement (PDM) president McHenry Venaani pictured during a party event in Outjo. (Photo by: Dalene Kooper) NAMPA

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President Nangolo Mbumba (L) pictured with the King of Spain, His Majesty Felipe VI. (Photo: Contributed)

President Nangolo Mbumba (L) pictured with the King of Spain, His Majesty Felipe VI. (Photo: Contributed)

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October 2024 - President Nangolo Mbumba (L) pictured with the President of Germany, Frank-Walter Steinmeier (R) during his visit to Germany. (Photo: Contributed)

October 2024 - President Nangolo Mbumba (L) pictured with the President of Germany, Frank-Walter Steinmeier (R) during his visit to Germany. (Photo: Contributed)

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KEETMANSHOOP, 12 October 2024 - Vice President of the Swapo Party, Netumbo Nandi-Ndaitwah pictured at the party's ||Kharas star rally on Saturday. (Photo by: Suzith Tjitaura) NAMPA

KEETMANSHOOP, 12 October 2024 - Vice President of the Swapo Party, Netumbo Nandi-Ndaitwah pictured at the party's ||Kharas star rally on Saturday. (Photo by: Suzith Tjitaura) NAMPA

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OSHIPALA, 12 October 2024 - Swapo Party Member of Parliament Natangwe Iithete speaking during a mini rally held at Oshipala village in the Olukonda Constituency on Saturday. (Photo by: Maria David) NAMPA

OSHIPALA, 12 October 2024 - Swapo Party Member of Parliament Natangwe Iithete speaking during a mini rally held at Oshipala village in the Olukonda Constituency on Saturday. (Photo by: Maria David) NAMPA

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KHORIXAS - The entrance to the Khorixas Vocational Training Centre (Photo: Contributed)

KHORIXAS - The entrance to the Khorixas Vocational Training Centre (Photo: Contributed)

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