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European Central bank, interest rates

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 burned by inflation warily eye price tags and businesses try to chart a course amid political turmoil in leading economies France and Germany.

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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 was cut from 3% to 2.75%.

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European Central Bank expected to cut interest rates

The European Central Bank (ECB) is expected to cut key interest rates again on Thursday in what would be the fifth rate cut in the eurozone since mid-2024. Economists expect the central bank to cut the key deposit rate - the interest that banks receive for parking funds at the ECB - by 0.

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 ...

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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., ...

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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 ...

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European shares steady at record peak after ECB cuts rates

Europe's benchmark index was trading around record highs on Thursday, led by real estate and technology stocks, after the ...

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 ...

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European tech shares tumble as China's AI push spooks investors

European shares slid on Monday as the technology sector joined the retreat in other markets after China's upgraded low-cost, ...

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