UniCredit, Italy's second-largest bank, has taken a 9% stake in Germany's Commerzbank and is seeking permission to ...

Euro zone inflation is still not as low as the European Central Bank would like, so interest rates need to remain ...

The European Central Bank will have better quality information in December to make a call on a possible interest rate cut but ...

French central bank governor Francois Villeroy de Galhau and Bundesbank president Joachim Nagel backed Thursday's rate cut ...

A big interest rate cut from the U.S. Federal Reserve on Wednesday raised bets on further policy easing at the European ...

With inflation subsiding, the European Central Bank is cutting its benchmark interest rate to prop up tepid growth with lower ...

The ECB did not have the right to probe Silvio Berlusconi’s holdings in Banca Mediolanum, in spite of the late Italian prime ...

Profound shifts in the world economy could make inflation volatile for years to come, complicating efforts to control prices, ...

The Frankfurt-based central bank reduced its key deposit rate a quarter point to 3.5 per cent. Read more at straitstimes.com.

Tens of thousands of Irish tracker mortgage holders will immediately benefit from a cut to interest rates by the European ...

The European Central Bank is almost certain to cut interest rates again on Thursday, but with inflation risks still simmering ...

The reduction, to 3.5 percent from 3.75 percent, comes as inflation has slowed and the bank faces pressure to bolster the ...