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.
Category: Eurozone
-
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.
-
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.
-
Eurozone Inflation Dips at Start of Year
Price pressures eased in January, resuming a downward trend after a jump in December.
-
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.
-
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.
-
European Central Bank Leaves Rates Unchanged as Price Pressures Ease
Although the inflation rate has fallen to 2.4 percent, the bank said economic growth was expected to remain “subdued” in the short term.
-
Eurozone Economy Shrinks, While Price Pressures Ease
Economic growth contracted 0.1 percent last quarter, and inflation in October fell to a two-year low, a sign that high interest rates were taking a toll.
-
Eurozone Inflation Rate Drops to 4.3 Percent
Prices rose at the slowest rate since before the Ukraine war, as inflation in fuel and food eased.
-
European Central Bank Is Studying A.I. as a New Tool
Artificial intelligence may help policymakers understand inflation and regulate big lenders, the central bank said.
-
European Central Bank Raises Rates for a 10th Time
In its battle to control inflation, the bank raised its key interest rate to the highest level on record but suggested that rates have reached their peak.
-
Eurozone Inflation Holds Steady at 5.3 Percent
Prices rose at an annual rate of 5.3 percent, defying expectations of a slowdown. The news may bolster the case for another European Central Bank interest rate increase.