The Latest Breaking News from the European Central Bank

Eurozone central bank gives press conference after pausing its cycle of rate hikes, as inflation slows and Europe’s economy weakens

The European Central Bank is likely taking a break from interest rate increases

Economic news today showed a slowdown in Eurozone consumer prices that may allow the European Central Bank (ECB) to pause its interest rate hiking campaign. Eurozone Sep CPI eased to +4.3% y/y from +5.2% y/y in Aug, better than expectations of +4.5% y/y and the slowest pace of increase in...

The head of the European Central Bank says interest rates will stay high enough to restrict business activity for “as long as necessary” to beat back inflation because upward pressure on prices “remains strong.”

Weak consumer spending as, people – especially in Germany, the EU’s largest economy – put more into savings

The European Central Bank is deciding whether to raise interest rates again or not, and analysts are saying it's a close call

Interest rates in the European Union will need to stay high “as long as necessary” to slow still-high inflation, Christine Lagarde, president of the European Central Bank, said Friday

The Bank of England (BoE) has raised interest rates once again to 5.25%, mirroring similar moves by the Federal Reserve and the European Central Bank. The fact that the UK is still suffering from high inflation – higher than either the US or eurozone – made another rate rise appear…

The European Central Bank says the banking sector could withstand a severe economic downturn without depleting their financial buffers against losses

Central bank raised rates by 0.25 percentage points in attempt to bring inflation down

The European Central Bank is set to raise interest rates again Thursday