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European Central Bank

  • Eurozone inflation rises unexpectedly but September rate cut still on

    July 31, 2024

    Figures released today showed that prices rose 2.6 per cent in July, ahead of the 2.5 per cent expected by economists.

  • Eurozone grows faster than expected but Germany faces recession threat again

    July 30, 2024

    The eurozone grew slightly faster than expected in the second quarter, but Germany slumped back into contraction as Europe’s largest economy faced the threat of recession again. Figures released today by Eurostat showed that the eurozone grew 0.3 per cent in the second quarter, matching the pace of growth in the first quarter and slightly [...]

  • ECB leaves rates unchanged but investors left guessing on next steps

    July 18, 2024

    The ECB voted to leave interest rates on hold.

  • European Central Bank set to cut interest rates despite inflation worries

    June 2, 2024

    The European Central Bank is all but certain to be the first major central bank to cut interest rates this week as it shrugs off a rise in inflation and takes a different path in monetary policy from the UK and US.

  • Pound Sterling climbs to it highest level against the euro since August 2022

    May 29, 2024

    The pound hit its highest level against the euro since August 2022.

  • ECB poised to cut interest rates in divergence from Fed and Bank of England

    May 27, 2024

    The European Central Bank (ECB) is almost certain to become the first major central bank to start cutting interest rates next week, with two key officials saying it is time to lower borrowing costs.

  • German recovery helps eurozone escape shallow recession

    April 30, 2024

    According to figures released this morning by Eurostat, the eurozone grew 0.3 per cent between January and March, ahead of the 0.1 per cent expansion expected by economists.

  • Bank of England commits to ‘once in a generation’ reform after Bernanke review

    April 12, 2024

    The review, launched last summer, was led by Ben Bernanke, who chaired the Federal Reserve between 2006 and 2014.

  • ECB holds interest rates steady again but signals a cut is on the way

    April 11, 2024

    Inflation in the eurozone is fast approaching the two per cent target. 'Flash' figures out earlier this month showed that inflation fell to 2.4 per cent in March, below market expectations.

  • US inflation to attract attention as concerns grow over Fed interest rate cuts

    April 7, 2024

    Markets will be hoping for stronger evidence that US inflation is falling to target when the latest figures are released on Wednesday.

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