The rate cut comes as the ECB seeks to alleviate pressure on consumers and businesses amid sluggish economic growth in Europe, and the threat of trade tensions with the US. The European Central ...
"Monetary policy is becoming meaningfully less restrictive, as the interest rate cuts are making new borrowing less expensive for firms and households and loan growth is picking up," the ECB said.
With the deposit rate being lowered to 2.5%, the question is whether ECB President Christine Lagarde will still characterise policy as 'restrictive.' We think she will, but failing to do so could ...
U.S. tariff risks are intensifying while the ECB may have to grapple with the impact of a new German government, a potential Ukraine ceasefire and an expected surge in defence spending.
Easing for the sixth time since June, the ECB lowered its deposit rate to 2.5% in a nod to slowing inflation and faltering growth, and said that rates were still restricting growth, even if less ...
For four years, the ECB has been trying to slow the economy down, raising its key deposit rate to a record 4 percent to choke off inflation, before gradually lifting its foot off the brake since June.
The ECB says the first overhaul in a decade aims to boost stability and diversity on the body while ensuring staff reps remain in touch with the bank’s work, but current representatives view the move ...
The disinflation process is well on track, with headline inflation averaging 2.3 percent in 2025, 1.9 percent in 2026 and 2.0 percent in 2027, the ECB said. Inflation in the euro area edged down ...
The decision prolongs current rules that permit as many as 10 monthly days away from the office until 2027, when a new review is planned, an ECB spokesperson said. Employees can work 90 of their ...
Will the European Central Bank face a problem that has bedeviled the Bank of Russia? European governments are about to embark on a big increase in defense spending, fueled by growing doubts about ...
Reductions in borrowing costs by the European Central Bank are no substitute for sound economic policy, according to Governing Council member Robert Holzmann. “Our job isn’t to directly ...