The ECB cut rates by 25bps to 2.75%, with Lagarde signalling further easing if inflation declines. Growth risks persist amid weak confidence and geopolitical tensions. She ruled out Bitcoin as a ...
The European Central Bank cut rates on Thursday, the Bank of Canada on Wednesday, and the Bank of England is likely to do so next week.
Following is the text of European Central Bank President Christine Lagarde's statement after the bank's policy meeting on Thursday: ...
Bulgaria has made progress in meeting the convergence criteria for joining the eurozone according to European Central Bank ECB President Ch ...
Expectations about price increases rise to highest level since July as central bank prepares for more interest rate cuts ...
WASHINGTON – US President Donald Trump is getting his wish that interest rates drop across the world, just not at home, where ...
CONSUMER CONFIDENCE FRAGILE Consumer confidence is fragile, and households have not yet drawn sufficient encouragement from rising real incomes to significantly increase their spending. Nevertheless, ...
US President Donald Trump is getting his wish that interest rates drop across the world, just not at home, where a strong economy and uncertainty over his own policies have set the stage for the ...
The political landscape of the Euro Area is complex, encompassing 20 EU members, it isn't a single nation. It's a monetary union, meaning a unique, multi-layered governance structure is at play. Each ...
Trump promised to start imposing tariffs, starting with Mexico and Canada. But then there would be the BRICS, China and Europe. But the decision could backfire on the tycoon. Tensions are high and the ...
World leaders and business executives left the Swiss mountain resort of Davos after a week of discussions dominated from a ...