Inflation's down and the European Central Bank has cut rates, again. Next up: The Fed

FRANKFURT, Germany (AP) — With inflation subsiding, the European Central Bank cut interest rates again on Thursday to prop up tepid growth with lower borrowing costs for companies and home buyers. The U.S. Federal Reserve likely won’t be far behind in joining the rate-cutting process. ...

European Central Bank cuts benchmark rate by a quarter point, supporting tepid growth as inflation declines

FRANKFURT, Germany (AP) — European Central Bank cuts benchmark rate by a quarter point, supporting tepid growth as inflation declines.

Inflation fell to 2.2% in Europe, clearing the way for a European Central Bank rate cut in September

FRANKFURT, Germany (AP) — Inflation in the 20 European Union countries that use the euro fell sharply to 2.2% in August, opening the door for the European Central Bank to cut interest rates as the ECB and the U.S. Federal Reserve prepare to lower borrowing costs to support growth and jobs. ...

Inflation ticks up in Europe, complicating the European Central Bank's next move

FRANKFURT, Germany (AP) — Inflation in the 20 countries that use the euro ticked up to 2.6% in July, stubbornly above the European Central Bank's target and complicating the ECB's next decision on whether to cut interest rates and boost growth as the economy struggles to stage a convincing...

European Central Bank leaves key interest rate at 3.75%, waits for signs inflation is under control

FRANKFURT, Germany (AP) — The European Central Bank left its key interest rate benchmark unchanged Thursday as its rate-setting council and President Christine Lagarde take their time to make sure stubborn inflation is firmly under control before lowering rates again. The decision...

European Central Bank leaves key interest rate at 3.75%, waits for signs inflation is under control before cutting again

FRANKFURT (AP) — European Central Bank leaves key interest rate at 3.75%, waits for signs inflation is under control before cutting again.

Fed Chair Jerome Powell: US inflation is cooling again, though it isn't yet time to cut rates

WASHINGTON (AP) — Inflation in the United States is slowing again after higher readings earlier this year, Federal Reserve Chair Jerome Powell said Tuesday, while adding that more such evidence would be needed before the Fed would cut interest rates. After some persistently high...

Inflation is down in Europe. But the European Central Bank is in no hurry to make more rate cuts

FRANKFURT, Germany (AP) — Inflation in the 20-nation eurozone crept lower to 2.5% in June, but remained stuck above the level favored by the European Central Bank, which is in no hurry to add more rate cuts after a first tentative reduction in its benchmark rate. The figure...