Following is the text of European Central Bank President Christine Lagarde's statement after the bank's policy meeting on Thursday: ...
Despite making similar moves in the recent past, the European Central Bank and the Federal Reserve are now at different ...
The head of the IMF, Kristalina Georgieva, was speaking at a panel in Davos alongside ECB President, Christine Lagarde. View ...
The ECB's deposit rate was cut to 2.75% from 3%, the lowest in nearly two years. The ECB said the disinflation process is well on track and is set to return to its 2% medium-term target this year.
On Wall Street, after-the-bell earnings reports from members of the Magnificent Seven megacap tech stocks were a mixed bag ...
The European Central Bank cut interest rates on Thursday and kept the door open to further policy easing as concerns over lacklustre economic growth supersede worries about persistent inflation.
European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision.
The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates.
In particular, the decision to lower the deposit facility rate – the rate through which the Governing Council steers the ...
No surprise: the ECB cuts rates by 25 basis points for the fifth consecutive time, trying to stimulate growth. Now all eyes ...