European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers ...
EU vessel sanctions weigh on Russian grain exports, central bank says
The European Union's sanctions on vessels transporting Russian grain, along with Turkey's wheat import ban, impacted Russian ...
Europe ‘Must Fix’ Weaknesses to Compete Globally, European Commission President Says
EU nations must work together quickly to help the bloc compete against global economic powerhouses like China and the U.S., ...
There is no reason for the European Central Bank to pause interest rate cuts at this point, economist says
Modupe Adegbembo, economist at Jefferies, discusses the outlook for European Central Bank interest rates and the economy in ...
European banks may find it tough to repeat strong end-of-year performance
European banks are expected to report a sharp rise in profits for the final three months of last year, helped by still-robust ...
European shares hit record high as ASML lifts tech stocks
By Nikhil Sharma (Reuters) -European shares hit a record high on Wednesday, as chip equipment maker ASML led technology ...
Diverging From the Fed, E.C.B. Cuts Interest Rates as Growth Stagnates
The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve ...
European Central Bank to cut rates again with Trump threat and U.S. divergence in focus
The Fed will likely be on a more hawkish path, so significant divergence from the ECB could risk flight of capital towards ...
European Central Bank cuts rates for the fifth time as Germany and France teeter on the brink of recession
ECB chief Christine Lagarde (pictured) said the single currency bloc was 'set to remain weak in the near term' as the rate ...
Europe’s economy showed zero growth at end of 2024 as Germany, eurozone’s biggest economy, struggled
Europe’s economy stagnated late last year as its former growth engine, Germany, finished a second straight year of shrinking ...
European Stocks Rise as ECB Cuts as Expected; Shell, Nokia Gain
European stocks rose on the back of strong earnings and as a decision from the European Central Bank to cut interest rates came as expected.
Monetary Policy Radar preview: European Central Bank’s January meeting
January’s PMI data also showed that input prices were close to two-year highs and underpin a lingering caution among policymakers, who stated at December’s policy meeting that “the governing council ...