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FILE - The European Central Bank, right, stands amid buildings in the banking district of Frankfurt, Germany, Nov. 12, 2024. (AP Photo/Michael Probst, File) (ASSOCIATED PRESS)
Following is the statement from the European Central Bank following its policy meeting. The Governing Council today decided to lower the three key ECB interest rates by 25 basis points. In ...
The European Central Bank cut interest rates for the fourth time this year on Thursday and kept the door open to further easing in 2025 as growth takes a hit from political instability at home and ...
Opting for a quarter-point move “would rather follow the cautious meeting-by-meeting approach” that the bank has pursued since it started cutting rates in June, Brzeski said. One argument for a smaller rate cut might be a reluctance by the ECB to risk the perception that it is getting involved in French national politics: “This is ...
The European Central Bank has cut rates by a quarter percentage point amid signs of weakening growth and concern about the impact of political chaos in France and the possibility of new U.S ...
Every three months, the President of the ECB, or occasionally another member of the ECB's executive board, appears before the Committee to report on monetary policy and answer question from MEPs. These proceedings, usually called the "monetary dialogue", are webstreamed and a transcript is made available on both the Parliament and ECB websites. [2]
The European Central Bank on Thursday confirmed a widely anticipated reduction in interest rates at its meeting in Frankfurt, Germany, despite lingering inflationary pressures in the 20-nation ...
Wim Duisenberg, first President of the ECB. The European Central Bank is the de facto successor of the European Monetary Institute (EMI). [7] The EMI was established at the start of the second stage of the EU's Economic and Monetary Union (EMU) to handle the transitional issues of states adopting the euro and prepare for the creation of the ECB and European System of Central Banks (ESCB). [7]