European Central Bank

The European Central Bank on Thursday cut interest rates as expected and acknowledged that monetary policy is becoming "meaningfully less restrictive." The Details: The Governing Council lowered its three key interest rates by 25 basis points, bringing the deposit facility rate to 2.50%, the main...

Within the first week of his inauguration, President Donald Trump signed an executive order that included a directive to evaluate the creation of a "strategic national digital assets stockpile." The Federal Reserve has also shunned plans to create a central bank digital currency, setting a...

The European Central Bank lowered its key interest rates by 25 basis points on Thursday, bringing the deposit facility rate to 2.75%, as the disinflation process remains “well on track” while the economy showed an unexpected stagnation during the last quarter of the year. With the ECB'...

Christian Lindner, the former German Finance Minister and current leader of the Free Democratic Party (FDP), has called for the European Central Bank and the Bundesbank to consider adding cryptocurrencies like Bitcoin (CRYPTO: BTC) to their reserves. What Happened: “The new Trump...

Editor's Note: This article has been updated to include comments from ECB President Christine Lagarde. The European Central Bank on Thursday lowered the deposit rate by 25 basis points. The widely-anticipated move marks the ECB’s fourth interest rate cut of the year.  The Details: The...

U.S. stocks could open on a tentative note on Wednesday amid simmering geopolitical tensions. Futures of all three major indices were marginally up as investors weighed escalating tensions between Russia and Ukraine, and earnings from AI bellwether Nvidia Corp. (NASDAQ:NVDA). U.S. equity markets...

A new European Central Bank (ECB) report has stirred controversy by suggesting that Bitcoin (CRYPTO: BTC) adoption results in a redistribution of wealth from latecomers to early investors. What Happened: The paper, titled “The distributional consequences of Bitcoin,” contends that even...

In a move to stimulate a sluggish economy, the European Central Bank (ECB) has cut interest rates for the third time this year. This decision comes almost a month after the Federal Reserve announced a bold 50 basis point rate cut. What Happened: The ECB’s latest rate cut marks the first time...

The European Central Bank on Thursday lowered the deposit rate by 25 basis points. The widely-anticipated move marks the ECB's third interest rate cut of the year.  "The incoming information on inflation shows that the disinflationary process is well on track. The inflation outlook is also...

Markets are on edge as investors digest a slew of geopolitical events, corporate earnings, and economic data in this final session of July, which promises to be highly volatile ahead of the Federal Open Market Committee (FOMC) meeting. Geopolitical Tensions Flare Up In Middle East, BoJ Moves, US...

The U.S. Federal Reserve and the European Central Bank (ECB) are expected to cut interest rates in September. This forecast comes from Morgan Stanley, who have analyzed key data pointing towards a deceleration in inflation in both the U.S. and the eurozone. What Happened: Andrew Sheets, Managing...

The two interest rate cuts delivered this week by the Bank of Canada (BoC) and the European Central Bank (ECB) likely marked the beginning of a phase of policy easing among major central banks. On Wednesday, the BoC reduced its policy rate by 25 basis points to 4.75%, citing that “monetary...

The European Central Bank is universally expected to cut interest rates for the Euro area this week. Cutting back on interest rates for the first time in two decades can be seen as a positive sign for the dwindling European economy, which has been hit by slow growth and poor demographic patterns....

European equities ended Monday broadly positive, while the U.S. market was closed for the Memorial Day holiday. Traders maintained an overall positive risk sentiment on European assets, driven by near-total certainty that the European Central Bank (ECB) will deliver a rate cut at its June meeting...

In April, inflation rates across Europe remained consistent at 2.4%, aligning with economists’ predictions, while the region experienced economic growth in the initial quarter of the year. This stable inflation rate continues a trend below 3% for the seventh consecutive month, despite a brief...