The European Central Bank may have to quicken the pace that it lowers interest rates to avoid inflation falling short of forecasts, Governing Council member Mario Centeno told Politico. “Given ...
“We have at the ECB Governing Council already lowered rates two times this year, and this is not the final destination,” the Latvian central-bank head said Monday. “These rates will continue ...
The Italian lender, UniCredit, is reportedly preparing to file an application with the European Central Bank (ECB), seeking approval to increase its stake in Germany's Commerzbank AG to as much as ...
The ECB cut rates for the second time this year on Thursday but provided little to no guidance on further moves, even as some policymakers privately argued that coming back for another cut in just ...
"But the fact is that very little new information is in the pipeline." Kazimir, an outspoken hawk, argued that the ECB needed to be sure that incoming data confirmed its projections, otherwise ...
The ECB had hiked rates a record pace from mid-2022 to tame surging consumer prices but has started easing the pressure as inflation drifts back down towards its two-percent target. There have ...
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