Escaping stagnation: towards a stronger euro area - European Central Bank
WEB11 hours ago · Speech by Isabel Schnabel, Member of the Executive Board of the ECB, at a lecture in memory of Walter Eucken. Freiburg, 2 October 2024. The euro area economy is stagnating. Over the past two years, real GDP has expanded, on average, by only 0.1% per quarter. Surveys among firms indicate that growth …
ECB Momentum for an October Rate Cut Is Looking Unstoppable
WEB19 hours ago · October 2, 2024 at 5:16 AM EDT. Save. An interest-rate cut that European Central Bank officials deemed unlikely just three weeks ago now seems a near certainty when they next set policy on Oct. 17 ...
Hearing of the Committee on Economic and ... - European Central Bank
WEB2 days ago · Speech by Christine Lagarde, President of the ECB, at the Hearing of the Committee on Economic and Monetary Affairs of the European Parliament. Brussels, 30 September 2024. It is a great pleasure to return to this Committee for the first time since the European elections. I very much look forward to my …
News - European Central Bank
WEBDec 5, 2023 · The European Central Bank (ECB) is the central bank of the European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.
European Central Bank Cuts Interest Rates for the First Time …
WEBJun 6, 2024 · The European Central Bank lowered interest rates on Thursday for the first time in nearly five years, signaling a pivot away from its aggressive policy to stamp out a surge in inflation.
ECB’s Rehn Says Slowing Inflation Firms Case for October Cut
WEB1 day ago · October 1, 2024 at 4:00 AM EDT. Save. The direction of the European Central Bank’s monetary policy is “clear” but any future decision on easing will hinge on data, according to Governing ...
European Central Bank is ready to start cutting interest rates, …
WEBMay 27, 2024 · The European Central Bank has sent a clear signal that it will cut interest rates from their historic highs next week, as its chief economist brushed off fears that doing so before the US...
European Central Bank rate decision in focus ahead of Fed meeting
WEBSep 12, 2024 · ECB set to cut interest rates just days before the Fed’s big decision. The headquarters of the European Central Bank (ECB) are pictured ahead of an ECB press conference on the...
Euro-Zone Inflation Drops Below 2%, Backing ECB Rate-Cut Bets
WEB1 day ago · Save. Euro-area inflation slowed below the European Central Bank’s 2% target for the first time since 2021 — backing investor bets that interest rates may be lowered more quickly than ...
European Central Bank News - The New York Times
WEBJul 21, 2022 · The European Central Bank, as it prepares to raise interest rates to curb inflation, has an especially tricky job because it is setting policy across the 19 countries that use the euro.