European Central Bank President Christine Largarde has said the ECB is looking to finish the preparation phase of the digital euro by October 2025. Though, lawmakers recently raised doubts on ...
The rate cut comes as the ECB seeks to alleviate pressure on consumers and businesses amid sluggish economic growth in Europe, and the threat of trade tensions with the US. The European Central ...
Toyota GB to grow participation of grassroots cricket through bursaries, local engagement and fundraising Toyota will become the first official partner of ECB’s All Stars Cricket programme and will ...
"Monetary policy is becoming meaningfully less restrictive, as the interest rate cuts are making new borrowing less expensive for firms and households and loan growth is picking up," the ECB said.
However, any rate cut means lower returns for savers. The ECB had been expected to continue to reduce borrowing costs to 2% this year. But at a press conference the bank's president, Christine ...
The evening, which was staged in a partnership between the England & Wales Cricket Board (ECB), the Marylebone Cricket Club (MCC) and the award-winning charity Ramadan Tent Project, brought people ...
ECB staff are likely to complete their analysis of UniCredit's purchase of 29.9% of Commerzbank by early March, setting the stage for approval by the regulator's Supervisory Board later in the ...
With the deposit rate being lowered to 2.5%, the question is whether ECB President Christine Lagarde will still characterise policy as 'restrictive.' We think she will, but failing to do so could ...
The European Central Bank (ECB) is expected to cut interest rates on Thursday to 2.65%, continuing its easing from a 4.5% peak amid increased volatility in bond markets. The expected easing comes ...
For four years, the ECB has been trying to slow the economy down, raising its key deposit rate to a record 4 percent to choke off inflation, before gradually lifting its foot off the brake since June.
The ECB lowered the deposit rate to 2.5 per cent on Thursday, its sixth cut since June, and said monetary policy was becoming less restrictive as inflation falls towards its 2 per cent target.
The decision prolongs current rules that permit as many as 10 monthly days away from the office until 2027, when a new review is planned, an ECB spokesperson said. Employees can work 90 of their ...