EUR/USD declines to near 1.0370 as inflation in six states of Germany decelerates in January.
The European Central Bank is cutting its key interest rate, a step to boost an economy that's struggling to grow as consumers burned by inflation warily eye price tags and businesses try to chart a course amid political turmoil in leading economies France and Germany.
Despite Bitcoin’s growing adoption, ECB President Christine Lagarde signaled Thursday that member states are unlikely to follow suit.
KIRILL KUDRYAVTSEV / AFP The European Central Bank cut interest rates again Thursday, January 30, and signaled more to come as the eurozone economy flatlines while warning of trade tensions and uncertainty amid American President Donald Trump's protectionist agenda.
The re-election of Donald Trump should serve as a “wake-up call” for EU leaders, Lagarde and Germany's Habeck warned.
ECB officials reduced the deposit rate by a quarter-point to 2.75%. They continued to describe their current monetary-policy stance as ‘restrictive’, signaling more loosening is in the pipeline, while
The European Central Bank is "not overly concerned" by the impact of inflation abroad on the bloc, the institution's President Christine Lagarde told CNBC.
The ECB cut rates by 25bps to 2.75%, with Lagarde signalling further easing if inflation declines. Growth risks persist amid weak confidence and geopolitical tensions. She ruled out Bitcoin as a reserve asset,
European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision.
EURO zone government bond yields edged lower on Thursday (Jan 30), ahead of a European Central Bank (ECB) policy meeting which is widely expected to cut rates by 25 basis points and keep the door open to further policy easing.
The World Economic Forum’s annual gathering of elites in Davos has ended with many business leaders, world-class academics, top government officials and other elites casting an upbeat tone about economic prospects,
EUR/USD shifted lower for a fourth consecutive trading day on Thursday, peaking near 1.0450 before softening to shed one-fifth of one percent on the day and ending just below the 1.0400 handle as the Euro’s near-term bull run draws to an end. A slate of German economic figures are due early Friday, followed by a key US inflation reading.