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The ECB dropped the word “restrictive” from its statement in relation to the monetary-policy stance. But markets boosted bets on further cuts in borrowing costs as officials underscored the ...
The ECB reduced its benchmark lending rate by a quarter-point, the seventh cut since it started lowering borrowing costs in June. The reduction lowered the deposit rate to 2.25% from 2.50%.
The ECB on Thursday lowered its key interest rate to 2.25% from 2.5%, its seventh cut in eight meetings, taking borrowing costs to their lowest level since early 2023.
The ECB reduced its key interest rate to 2.5% from 2.75% Thursday, widening a gap in benchmark borrowing costs with the Federal Reserve. It was the sixth cut in seven meetings.
Rate-setters were operating in a context of "exceptional uncertainty" amid rising trade tensions, ECB President Christine Lagarde said at a press conference. Trump's tariffs have increased the ...
The European Central Bank (ECB) is expected to cut its benchmark deposit rate by a further quarter point to 2.75 per cent on Thursday (Jan 30), its fourth reduction in a row. The central bank for the ...
Greece’s central bank governor Yannis Stournaras — a member of the ECB’s rate-setting council — warned in an interview with the Financial Times this week that a trade war would expose the ...
FRANKFURT, Jan 24 (Reuters) - Euro zone banks need a digital euro to respond to U.S. President Donald Trump's push to promote stablecoins, a type of cryptocurrency typically pegged to the U.S ...
PARIS (Reuters) -The likely implementation of tariffs imposed by the United States on April 2 means Europe will have to take better control of its future, European Central Bank (ECB) head ...
At the heart of the escalating turmoil was a piece of malfunctioning hardware, but it took hours for the ECB’s technicians to spot the problem after an initial, erroneous diagnosis of database issues, ...