European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to chart a ...
Eurozone Economy Stagnates as It Braces for Fresh Blow From Trump Tariffs
The economy returned to stagnation as 2024 drew to a close, a blow to its hopes for a recovery as it braces for the possibility that Trump will deliver a long-threatened increase in tariffs.
Diverging From the Fed, E.C.B. Cuts Interest Rates as Growth Stagnates
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.
European shares steady at record peak after ECB cuts rates
Europe's benchmark index was trading around record highs on Thursday, led by real estate and technology stocks, after the European Central Bank cut interest rates by a quarter point as expected. The ...