Latest European Central Bank News

Stock market today: Wall Street’s rally stalls as Nasdaq pulls back from its record

Dec. 12, 2024 17:12 PM EST

NEW YORK (AP) — U.S. stock indexes fell Thursday following some potentially discouraging data on the economy. The S&P 500 slipped 0.5% for its fourth loss in the last six days. It’s a pause for the index, which has been rallying toward one of its best years of the...

ECB cuts rates a quarter point amid concerns of tepid growth, impact of Trump trade policies

Dec. 12, 2024 11:22 AM EST

FRANKFURT, Germany (AP) — 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. import tariffs after Donald Trump takes office as president. The...

European Central Bank cuts rates a quarter point amid concern about tepid growth, impact of Trump trade policies

Dec. 12, 2024 08:18 AM EST
FRANKFURT, Germany (AP) — European Central Bank cuts rates a quarter point amid concern about tepid growth, impact of Trump trade policies.

Inflation rose to 2.3% in Europe. That won't stop the central bank from cutting interest rates

Nov. 29, 2024 05:43 AM EST

FRANKFURT, Germany (AP) — Inflation in the 20 countries that use the euro currency rose in November — but that likely won’t stop the European Central Bank from cutting interest rates as the prospect of new U.S. tariffs from the incoming Trump administration adds to the gloom over weak growth....

European Central Bank, seeing no signs of recession, cuts interest rates again

Oct. 17, 2024 11:35 AM EDT

LONDON (AP) — The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, does not expect the bloc to slide into recession as it cut borrowing costs once again Thursday in the wake of recent data showing inflation across the bloc falling to its lowest...

European Central Bank cuts its main interest rate by a quarter-point to 3.25% as inflation falls below its target

Oct. 17, 2024 08:23 AM EDT
LONDON (AP) — European Central Bank cuts its main interest rate by a quarter-point to 3.25% as inflation falls below its target.

Inflation in Europe falls below 2% and opens the way for faster rate cuts

Oct. 01, 2024 06:31 AM EDT

FRANKFURT, Germany (AP) — Inflation in the 20 countries that use the euro fell to 1.8% in September, below the European Central Bank's target of 2% for the first time in more than three years as falling energy prices give consumers relief from a burst of inflation that at one point reached into...

Inflation falls to 1.8% in Europe, below European Central Bank's 2% target for first time in more than 3 years

Oct. 01, 2024 05:09 AM EDT
FRANKFURT, Germany (AP) — Inflation falls to 1.8% in Europe, below European Central Bank's 2% target for first time in more than 3 years.