European Central Bank lowers lending rate to 2.4%: Lagarde says both core and headline inflation are going down

Apr 17, 2025

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Updated: During the press questions, the ECB President also announced that the EU’s crypto-legislation MICA is under review for improvement especially in regard to stable-coins. She also said that the EU needs to be prepared before the roll0out of the digital Euro.

The European Central Bank has said that core and headline inflation are going down as it lowered its main lending interest rate from 2.5% to 2.4%. Inflation is on its way down to its 2% target the President of the ECB has said.

Increased uncertainty by global events and tariffs may have tightening effects on financial conditions. There is is still a lot of uncertainty in the world especially owing to geopolitical events according to the ECB President.

The ECB will keep taking a date-based and meeting by meeting approach to its decisions.

The economic outlook is clouded by exceptional uncertainty the President of the ECB said. Despite uncertainty, manufacturing has also stabilisied and Europe has a strong labour market.