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First interest rate cut since the fall of 2019

6 June 2024
It’s finally here. The continuing decline in inflation, combined with the gradual recovery of the European economy, has made the long-awaited possible. For the first time in nearly five years, we have reduced interest rates.

Monetary policy decisions

Governor Peter Kažimír: Step one: check

10 June 2024
We have taken the first, very important, step. Last week’s decision sends a clear signal: we expect inflation to continue decreasing from its record highs. This decline is going to be bumpy, but we’re heading toward the target.

Governor’s comment

First interest rate cut since the fall of 2019

6 June 2024
It’s finally here. The continuing decline in inflation, combined with the gradual recovery of the European economy, has made the long-awaited possible. For the first time in nearly five years, we have reduced interest rates.