Will the European Central Bank face a problem that has bedeviled the Bank of Russia?
European Central Bank policymaker Mario Centeno said on Friday he expects inflation to fall to its medium-term target of 2% in a sustainable manner since euro zone inflation is "almost out of the woods".
Inflation in Europe eased to an annual 2.4% in February, supporting the case for another interest rate cut from the European Central Bank — but leaving open how far the central bank will go in lowering borrowing costs for an economy that’s still struggling to show robust growth.
Annual inflation in the eurozone and European Union is drifting away from a 2% goal established by the European Central Bank in 2024. According to a report released Monday by Eurostat, the annual inflation rate climbed to 2.
Considering the confluence of technical factors, along with the fundamental factors of ECB and BOJ policy decisions and inflation rates, EURJPY presents a complex trading landscape.
The decision comes after inflation cooled to 2.4% in the eurozone in February, higher than the forecasted 2.3%. While price pressures are nearing the ECB's 2% target, the total was predominantly ...
The news that the European Central Bank has cut interest rates for the sixth time in the past 12 months is a positive development for Irish consumers and businesses.
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 Bank announced on Thursday that it would slash key interest rates by 25 basis points in a bid to wind down the restrictive monetary policy. Effective from March 12, the interest rates on the deposit facility,