Latest European Central Bank News

European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy

Jan. 30, 2025 10:42 AM EST

FRANKFURT, Germany (AP) — The European Central Bank cut its key interest rate on Thursday to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to navigate political turmoil in leading economies France and Germany. ...

European Central Bank cuts benchmark interest rate by a quarter percentage point to boost stagnating economy

Jan. 30, 2025 08:17 AM EST
FRANKFURT, Germany (AP) — European Central Bank cuts benchmark interest rate by a quarter percentage point to boost stagnating economy.

As elite Davos event ends, some hail 'constructive optimism' despite divisions, suffering in world

Jan. 24, 2025 09:44 AM EST

DAVOS, Switzerland (AP) — The European Central Bank's president responded Friday to U.S. President Donald Trump’s accusation of unfair trade treatment by the European Union by calling for negotiations and mutual respect rather than a focus purely on trans-Atlantic trade figures. ...