The ECB is juggling an economic slowdown across the euro area but also anticipates a tick upwards in inflation from next month, complicating its ability to give guidance on when the next rate cut is ...
Filippo Alloatti, head of financials in the credit team at Federated Hermes, discusses Italian bank UniCredit's request to ...
They say the ECB will tiptoe, rather than slash, and might cut rates only one more time this year. Inflation is down with the ...
With inflation subsiding, the European Central Bank is cutting its benchmark interest rate to prop up tepid growth with lower ...
Traders are widely anticipating an interest rate cut at the Federal Reserve’s Sept. 17-18 meeting, as well as at the ECB’s ...
The reduction, to 3.5 percent from 3.75 percent, comes as inflation has slowed and the bank faces pressure to bolster the ...
ECB cut its key deposit rate by 25 basis points to 3.5%, as expected. The eurozone economy is struggling with weak demand, prompting downward revisions to growth forecasts.
The European Central Bank (ECB) on Thursday announced it would cut key interest rates again, marking its second rate ...
European stocks are expected to rally at the open Thursday as investors in the region await the latest monetary policy ...
In a statement, the ECB cited its latest projections which indicate that inflation, although gradually easing, remains high. The bank now expects headline inflation to average 2.5% in 2024, 2.2% in ...
However, it still remains above the European Central Bank’s (ECB) 2% target despite the ECB cutting interest rates. The ...