On Wednesday, the European Central Bank (ECB), which serves as the central bank of European Union countries that have adopted the EURO, said that it expects to reach its 2% inflation target in 2025.
The inflation rate in countries overseen by the ECB jumped to...
European Central Bank (ECB) is expected to further slash its borrowing rates in December if the economic data continue to be favorable, according to recent comments by ECB Governing Council member Robert Holzmann.
Holzmann, who serves as the head of Austria’s central bank, Oesterreichische Nationalbank,...
Inflation in the Euro Zone, which consists of European Union countries that have adopted the Euro, climbed higher than expected, leading to calls for a moderate approach to interest rate cuts by the European Central Bank (ECB).
Euro Zone inflation in October came at 2%...
European Central Bank (ECB), which serves as a central bank for European Union countries that use the Euro, lowered the cost of borrowing once again. During a meeting on Thursday, the ECB made a decision to cut the rates to three key interest rates...
Italian banking giant UniCredit should feel optimistic about its odds of acquiring Germany’s Commerzbank if it decides to do so, according to a number of experts and officials.
UniCredit recently acquired a 9% stake in Commerzbank and has asked for approval to raise its stake...
The European Central Bank appears poised to introduce an interest rate cut at its next policy meeting, advancing the global trend toward monetary easing as inflation continues to cool. This would be the third quarter-point reduction in this cycle should market bets prove accurate.
Bloomberg...
