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Norway becomes part of Eurosystem’s TIPS service
The European Central Bank (ECB) and Norges Bank have reached an agreement to add Norway to the TARGET Instant Payment Settlement (TIPS) service by Eurosystem. With this move, Norwegian krone will ...
ECB cuts rates again as inflation nears 2% and growth remains weak
The European Central Bank (ECB) cut its benchmark interest rate again by a quarter-point to 2.75% on Thursday as inflation ...
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Growth slowing, +0.8% seen in 2025 says BoI
"In our projections, drawn up as part of the Eurosystem coordinated exercise (published in December), growth would gain momentum over the course of this year, settling at around 1 percent on ...
DPA International on MSN12d
ECB trims benchmark interest rate for fifth time since mid-2024
The European Central Bank (ECB) announced on Thursday it is lowing its benchmark deposit rate to 2.75%. The quarter-point cut ...