The European Central Bank meets on Thursday for the first time since Donald Trump returned to office, leaving U.S. tariff threats looming over the euro zone's sluggish economy and potentially complicating the economic outlook.
Christine Lagarde, President of the European Central Bank (ECB), expressed significant concerns regarding central bank independence during her recent address at the Lamfalussy Lectures Conference. She highlighted that growing political influence over monetary policy could undermine the ability of central banks to effectively manage inflation.
KIRILL KUDRYAVTSEV / AFP The European Central Bank cut interest rates again Thursday, January 30, and signaled more to come as the eurozone economy flatlines while warning of trade tensions and uncertainty amid American President Donald Trump's protectionist agenda.
The European Central Bank cut interest rates today and kept the door open to further policy easing as concerns over lacklustre economic growth supersede worries about persistent inflation.
Eurozone rate-setters are set to cut borrowing costs again this week, confident their efforts to lower inflation will remain on track despite the threat from US President Donald Trump's protectionist agenda.
"Shameful", reads the Daily Mirror's headline as it covers Donald Trump's blame for the Washington air collision on diversity hires. The paper calls it a "new low" for what is says is the deadliest air tragedy in the US since 2001. The paper quotes the former US transport secretary as saying: "Trump should be leading, not lying".
Euro zone banks need a digital euro to respond to U.S. President Donald Trump's push to promote stablecoins, a type of cryptocurrency typically pegged to the U.S. dollar, European Central Bank board member Piero Cipollone said on Friday.
European stock markets rose Thursday as the European Central Bank cut interest rates again while US shares were steady after a mixed bag of company earnings reports.
The global economy is on edge as U.S. President Donald Trump's proposed tariffs ripple across financial markets, sparking volatility and shifts in currency values. The U.S. dollar – which had recently reached a two-year high earlier this month – has shown signs of weakness amid investor uncertainty and fallen to a two-week low,
Eurozone rate-setters are set to cut borrowing costs again this week, confident their efforts to lower inflation will remain on track despite the threat from US President Donald Trump's ...
The Mexican peso fell 1% against the dollar in a volatile session on Thursday after U.S. President Donald Trump reiterated his threat to impose 25% tariffs on Mexico and Canada, two of its top trade partners.
I'm to announce Canada and Mexico tariffs because of fentanyl. The first Canada and Mexico tariffs are coming Saturday. I'm making a determination on oil tonight. We have all the lumber we need. Trump: China's going to end up paying a tariff as well.