Jerome H. Powell, the Fed chair, and Christine Lagarde, the European Central Bank chief, sounded optimistic about recent inflation data but reiterated the need for more confidence for rate cuts.
Category: European Central Bank
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How Taylor Swift’s Eras Tour Might Affect Europe’s Economy
Economists are debating what effect the singer’s sweep through Europe will have this summer as swarms of fans increase demand for hotels and services.
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European Central Bank Lowers Interest Rates to 3.75%, Its First Cut in Five Years
The European Central Bank’s new interest rate, its first cut in five years.
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European Central Bank Cuts Interest Rates for First Time Since 2019
The reduction comes as inflation in the eurozone cools, prompting the E.C.B. to move before the Federal Reserve in the United States, where rates remain high.
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Europe’s Fed Problem
The European Central Bank is widely expected to cut interest rates on Thursday. But how low it can go may ultimately depend on the Federal Reserve.
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E.C.B. Is Likely to Leapfrog the Fed on Interest Rate Cuts
With eurozone inflation falling, the European Central Bank has signaled it is ready to lower rates this week, diverging from the U.S. Federal Reserve.
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Inflation Ticks Up in the Eurozone
Consumer prices rose 2.6 percent in the year through May, slightly higher than expected. Still, the European Central Bank seems prepared to cut interest rates next week.
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Europe’s Economic Laggards Have Become Its Leaders
More than a decade after painful austerity, Greece, Portugal and Spain have been growing faster than traditional powerhouses like Germany.
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Europe’s Policymakers Get Ready to Lower Rates, Regardless of the Fed
European Central Bank governors are highlighting cooler inflation as a sign the bank could cut interest rates before the Federal Reserve.
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E.C.B. Holds Rates Steady as Markets Look for Hints on First Cut
It was the fifth consecutive decision by the eurozone’s central bank to leave rates untouched, as inflation closes in on the bank’s 2 percent target.
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Banks Made Big Climate Promises. A New Study Doubts They Work.
Using European Central Bank lending data, researchers said there was not evidence that voluntary commitments were effective in reducing emissions.
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Inflation Cools in Eurozone, Nearing Central Bank’s Target
Prices in the countries that use the euro rose 2.4 percent in the year through March, coming closer to the European Central Bank’s 2 percent inflation target.