European Central Bank cuts rates again, says policy is becoming 'meaningfully less restrictive'
The ECB cut interest rates by 25 basis points and updated the language in its decision to say monetary policy was becoming "meaningfully less restrictive."
Inflation eases to 2.4% in Europe, supporting likely central bank rate cut
Inflation in Europe eased to 2.4% in February, supporting the case for another interest rate cut from the European Central Bank but leaving open how far the central bank will go in lowering borrowing costs.
European Central Bank cuts rates by another quarter point amid Trump tariff threats
The European Central Bank on Thursday cut interest rates by 25 basis points, with the bloc's growth prospects in focus following tariff threats from U.S. President Donald Trump. This brings the ECB's deposit facility rate, its key rate, to 2.5% — a move that markets had widely priced in before the announcement.
European Central Bank cuts rates by 25 basis points, in line with estimates
The European Central Bank (ECB) on Thursday lowered its three key interest rates by 25 basis points, meeting market forecasts. This marked the fifth consecutive rate cut since the ECB initiated its easing cycle last June. The key deposit rate now stands at 2.50%, its lowest level since early 2023.
European Central Bank cuts rates again as threat of trade war with Trump weighs on economy
The European Central Bank is cutting interest rates by a quarter percentage point, lowering credit costs for consumers and businesses to support an economy that is struggling to show solid growth
European Central Bank cuts interest rates for sixth time, citing the 'disinflation process'
The European Central Bank's Governing Council said Thursday it had decided to lower three key interest rates by a quarter point. The bank cited the "disinflation process" in making the decision.
Denmark's central bank cuts key interest rate by 25 basis points
Denmark's central bank cut its key interest rate by 25 basis points to 2.10% on Thursday, following the European Central Bank's decision earlier in the day to cut euro zone rates.
European Central Bank cuts interest rates again
The bank cuts rates from 2.75% to 2.5% but faces pressures from threatened US tariffs and plans to boost military funding.
European Central Bank cuts rates by a quarter point to support growth as possible trade war looms
European Central Bank cuts rates by a quarter point to support growth as possible trade war looms.
VIEW ECB cuts rates again, euro rallies
The European Central Bank cut interest rates as expected on Thursday and kept the door ajar to more, even as a looming trade war with the U.S. and plans to boost military spending drive Europe's biggest economic policy upheaval in decades.
Poor retail sales data highlight euro zone's consumption slump
Euro zone retail sales unexpectedly dipped in January, adding to signs that a long-predicted consumption-led recovery is not ...
Euro zone inflation dips less than expected to 2.4% in February
Euro zone inflation eased to 2.4% in February but came in slightly above analyst expectations, according to flash data from ...
Europe markets fall, autos down; Trump tariffs go into effect
European markets were lower Tuesday with all eyes on U.S. President Donald Trump’s import tariffs going into effect.
Euro zone inflation ticks lower in boost to ECB rate cut bets
Euro zone inflation dipped a bit less than expected last month but its most closely watched component also dropped, sealing ...
EUR/USD Forecast: Euro rebounds but remains fragile
EUR/USD clings to modest daily gains near 1.0400 after closing the previous week in negative territory. The pair's technical ...
Euro Rises As Bond Prices Surge On Europe's Defense Buildup
The euro strengthened against other major currencies in the Asian session on Thursday, following a spike in European bond yields on Germany's proposed 500-billion-euro ($539.85 ...
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Euro firms on Ukraine hopes, Trump knocks Mexican peso and Canadian dollar
The euro rebounded on Monday as hopes for a Ukraine peace deal improved, and interest rate differentials moved against the ...
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EU tourism tops 3 billion nights in 2024
Eurostat, the statistical office of the European Union, reported that 2024 was the best tourism year on record for the EU, ...