ECB may accelerate rate cuts in coming months, Panetta says
WEB3 days ago · The European Central Bank's rate cutting cycle could accelerate over coming months, governing council member Fabio Panetta said on Thursday. ... Reuters, the news and media division of Thomson ...
European Central Bank rate decision in focus ahead of Fed meeting
WEBSep 12, 2024 · The European Central Bank on Thursday is set to cut rates again by 25 basis points just days ahead of the U.S. Federal Reserve beginning its own rate-cutting cycle. Traders are widely anticipating ...
Press releases - European Central Bank
WEBPress releases. Our monetary policy strategy, the tools we use and the impact they have. Insights into our work on financial stability and payments infrastructure. Securities settlement systems and central counterparties. Access …
Euro area monthly balance of payments: July 2024 - European Central Bank
WEB3 days ago · Source: ECB. The current account of the euro area recorded a surplus of €40 billion in July 2024, a decrease of €11 billion from the previous month (Chart 1 and Table 1). Surpluses were recorded for goods (€35 billion) and services (€19 billion). Deficits were recorded for secondary income (€13 billion) and primary income (€ 1 billion).
ECB Interest Rates Decision: Live Updates as Lagarde Expected to ...
WEBSep 12, 2024 · Here are the key takeaways from today’s ECB rate decision and President Christine Lagarde’s briefing: As widely expected, the ECB cut the deposit rate by 25 basis points. It lowered its other...
News - European Central Bank
WEBDec 5, 2023 · Launching the new TARGET instant payment service. The European Central Bank (ECB) is the central bank of the European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.
European Central Bank cuts interest rates for first time in 5 years
WEBJun 6, 2024 · The European Central Bank has cut interest rates for the first time in almost five years, but warned future reductions would depend on price pressures easing further.
ECB delivers on rate cut pledge despite inflation worries
WEBJun 5, 2024 · The European Central Bank went ahead with its first interest rate cut since 2019 on Thursday, keeping its word despite an increasingly uncertain inflation outlook.
ECB Must Prepare for More-Volatile Inflation Era, Lagarde Says
WEB2 days ago · The European Central Bank must think hard about how it deals with risks and uncertainty in an era of more-volatile inflation and less clarity about monetary-policy transmission, President ...
European Central Bank is ready to start cutting interest rates, …
WEBMay 27, 2024 · The European Central Bank has sent a clear signal that it will cut interest rates from their historic highs next week, as its chief economist brushed off fears that doing so before the US...