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It was the eighth rate cut in the past year, extending the bank’s divergence from the Federal Reserve, which has held rates ...
The European Central Bank today cut its benchmark deposit rate by 0.25 percentage points, taking it to 2 per cent.
The central bank's decision comes at a critical time for the euro zone economy as businesses and policy makers face ...
On announcing the cut, ECB President Christine Lagarde said that the bank is coming to the end of its reductions cycle, with ...
The European Central Bank, which just cut its key lending rate to 2%, reduced its inflation forecast for 2025 from 2.3% to 2%, and its 2026 forecast from 1.9% to 1.6%. The 2027 estimate is for 2%. At ...
Benchmark deposit rate cut to 2%, its lowest since January 2023, as bank says inflation to stay around its 2% target - ...
The EUR/USD exchange rate will be in the spotlight in the next two days as the European Central Bank (ECB) delivers its ...
Lower inflation and concern that U.S. President Donald Trump’s trade war will slow already modest growth have cleared the way for the European Central Bank to cut interest rates at Thursday’s policy ...
Inflation is now seen falling further below the ECB's 2% target next year as lower energy costs, a stronger euro and weak ...