ECB

Eurozone business activity rises to 50.4 in March, highest level in seven months
Economy

Eurozone business activity rises to 50.4 in March, highest level in seven months

Germany's manufacturing rebound and easing inflation signal a positive shift in Europe's economic engine

French central bank reports loss of $8.4 billion for 2024
Banking & Finance

French central bank reports loss of $8.4 billion for 2024

The bank noted that falling ECB deposit rates and reduced bond holdings will help mitigate future losses

Eurozone inflation hits 3-year low of 2.2 percent in August, signaling possible ECB rate cut next month
Banking & Finance

Eurozone inflation hits 3-year low of 2.2 percent in August, signaling possible ECB rate cut next month

The inflation landscape is gradually improving, highlighting the progress toward the ECB's 2 percent target

ECB may cut interest rates twice more this year, to reach as low as 2.25 percent in 2025
Economy

ECB may cut interest rates twice more this year, to reach as low as 2.25 percent in 2025

While the ECB must ensure inflation returns to 2 percent, it shouldn’t overly dampen economic activity with interest rate cuts

ECB stays committed to multiple rate cuts despite Fed’s caution, global uncertainty
Economy

ECB stays committed to multiple rate cuts despite Fed’s caution, global uncertainty

Officials highlighted that the ECB's decisions hinge on incoming data, especially regarding wages, profits, and productivity