Tho' the fundamentals are not particularly good at Cromwell European REIT, this REIT unit price has been rising in the last 2 weeks. Rate cut effects truly 'masks' mkt movements.... till the dividend payout is filed for FY24.

European Central Bank Cuts Interest Rates Again as Inflation Cools

The European Central Bank on Thursday delivered a quarter-point interest rate cut, marking its second reduction to the deposit rate this year.The widely anticipated move comes after a period of sluggish economic growth across the euro zone and cooling inflation, which fell back toward the central bank's 2% target in August.The rate decision will be followed by a press conference at 1:45 p.m. London time.For many market participants, the big question was not whether the ECB would cut rates in Sep
European Central Bank Cuts Interest Rates Again as Inflation Cools

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