Tag: European Central Bank

The European Central Bank (ECB) will hold off on introducing interest rate cuts on Thursday, keeping rates at a record high. While the ECB has not implemented rate hikes since September, it remains adamant that a reversal would be premature given that price pressures...

European stocks slipped lower on Monday after economic data showed that Germany's economy contracted for the first time since the pandemic. The Stoxx Europe 600 index fell 0.3%, reversing its upward trajectory following a 13% gain over the course of 2023. Consumer goods and...

European Central Bank Governing Council member Joachim Nagel has warned that while the central bank has probably ended its rate hiking cycle, it remains early to consider interest rate cuts. On Thursday, the ECB kept rates unchanged for the second consecutive policy meeting. "There’s a...

Central bankers from half of the Group of 10 territories with the most-traded currencies are set to convene to determine their final interest rate policy decisions for this year. Overall, 60% of the world economy is set to determine their interest rate decisions by...

Inflation gauges in the United States and Europe have indicated that inflation is rising at its lowest level since early and mid-2021, thereby raising bets that interest rates will not be raised again. Set to be published on Thursday, the personal consumption expenditures price...

European Central Bank President Christine Lagarde expressed confidence in the central bank's ability to win the battle against steep inflation. "We are determined to bring inflation down to 2%," Lagarde remarked, before revealing: "According to our projections we will get there in 2025.” While some...