The ECB has raised the lending rate ten times since July 2022, in an effort to halt surging inflation, which peaked at 10.6% in Europe in October of last year but has since dropped to 4,3% ...
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to lower the benchmark interest rate by 25 basis points at the December policy meeting and responds to ...
The European Central Bank cut interest rates on Thursday and kept the door open to further policy easing as concerns over lacklustre economic growth supersede worries about persistent inflation.