Europe's economy shows signs of life with 0.3% growth in 1st quarter as inflation, energy woes ease

FRANKFURT, Germany (AP) — Europe's economy perked up slightly at the start of the year, recording 0.3% growth in the January-March quarter compared to the last three months of 2023 as the inflation burden on consumers eased and the stagnating German economy, the continent's biggest, started to...

As world's central banks wrestle with when to cut rates, Europe signals it's ready to move

FRANKFURT, Germany (AP) — The European Central Bank signalled Thursday it could cut interest rates at its next meeting in June, a big step as the rich world's central banks, including the U.S. Federal Reserve, wrestle with how soon declining inflation will let them lower credit costs for business...

European Central Bank leaves rates unchanged as world's central banks wrestle with when to cut

FRANKFURT, Germany (AP) — European Central Bank leaves rates unchanged as world's central banks wrestle with when to cut.

Inflation has slid again in Europe. Here's what that means for interest rates

FRANKFURT, Germany (AP) — The inflation that has squeezed European shoppers fell more than expected in March to 2.4%, as cost spikes in the grocery aisle eased and overall price rises headed down in the two biggest economies, Germany and France. The annual figure for the 20...

Higher temperatures mean higher food and other prices. A new study links climate shocks to inflation

Food prices and overall inflation will rise as temperatures climb with climate change, a new study by an environmental scientist and the European Central Bank found. Looking at monthly price tags of food and other goods, temperatures and other climate factors in 121 nations since...

Europe's economy has stalled. But an interest rate cut will likely have to wait for summer

FRANKFURT, Germany (AP) — Inflation in Europe is way down from its painful double-digit peak, and the economy has stalled. But the European Central Bank left its key interest rate at a record high Thursday, and its leader suggested a much-anticipated cut to borrowing costs would likely wait until...

European Central Bank holds key interest rate at a record-high 4% even as borrowing costs weigh on the stalled economy

FRANKFURT, Germany (AP) — European Central Bank holds key interest rate at a record-high 4% even as borrowing costs weigh on the stalled economy.

European inflation eases to 2.6% as energy prices fall and food inflation slows

FRANKFURT, Germany (AP) — The inflation that has ravaged the European economy eased again in February, falling to 2.6% as high interest rates, moderating oil and gas prices, and sluggish growth held back price increases in stores. February's figure for the 20 countries that use...