European Central Bank News

Euro Surges to New Heights Against the Pound, Marking a Significant Shift Since Late August

The euro reached its highest level against the British pound since late August 2024, driven by Germany's rising producer inflation and the pound's decline due to the Labour governm...

European Markets Experience Growth Following Positive Economic Data from Germany and Eurozone

European markets mostly closed higher following positive economic data from Germany and the Eurozone, including a significant trade surplus and industrial output growth. Retail sal...

Dollar Strengthens Against Dong Amid Global Market Fluctuations

The dollar strengthens against the Vietnamese dong and major global currencies amid market expectations of Federal Reserve's interest rate cuts and the European Central Bank's rate...

ECB's Gabriel Makhlouf Advocates for Gradual Interest Rate Cuts Amid Persistent Inflation Concerns

ECB's Gabriel Makhlouf supports gradual interest rate reductions despite persistent high inflation components, emphasizing the ECB's commitment to its 2% inflation target.

ECB Rate Cut Boosts European Markets: Key Indexes Mostly Up

European stock markets mostly rose after the ECB cut its three key interest rates by 25 bps. The DAX and Euro Stoxx 50 gained, with Airbus SE rising 2.34%. The FTSE 100 also increa...

Slowdown in Economic Recovery: Lagarde's Latest Insights on Eurozone Growth

ECB President Christine Lagarde reports a slowdown in Eurozone economic growth for the current quarter, differing from September's estimate. The bank projects 0.7% growth in 2024.

Christine Lagarde Confirms ECB's Commitment to Achieving 2% Inflation Target

European Central Bank President Christine Lagarde reaffirms the bank's commitment to reaching a 2% inflation target during a recent press conference.

ECB Rate Decision Looms: European Markets Await Key Interest Rate Announcement

European stock markets are mixed ahead of the ECB's key interest rate decision. The DAX, FTSE, and CAC 40 indices show varying degrees of increase. Currency markets also see moveme...