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.
Category: European Central Bank
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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.
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European Central Bank, Citing Wage Growth, Keeps Rates Steady
Although inflation has eased, the eurozone’s central bank said that “domestic price pressures remain high.” Rates remain the highest in the central bank’s history.
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Eurozone Inflation, Continuing to Ease, Rose 2.6% in February
Prices in the countries that use the euro trended downward in February. But the European Central Bank remains cautious about lowering interest rates.
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U.S. Leading Soft Landing for Global Economy
Economies all over the world are lowering inflation while avoiding serious recession — but growth in the United States stands out.
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Eurozone Inflation Dips at Start of Year
Price pressures eased in January, resuming a downward trend after a jump in December.
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Eurozone Economy Flatlines, Raising Concerns About Falling Behind
The anemic pace of growth in Europe, dragged down by a weak German economy, is widening the gap with the United States.
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When Will the European Central Bank Start Cutting Rates?
Interest rate cuts could start as soon as April, investors say. But the eurozone’s central bank, which held rates steady on Thursday, has said it will probably wait longer.