European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers ...
Lagarde's statement after ECB policy meeting
The Governing Council today decided to lower the three key ECB interest rates by 25 basis points. In particular, the decision to lower the deposit facility rate – the rate through which we steer the ...
Europe's economy showed zero growth at end of 2024 as Germany, eurozone's biggest economy, struggled
Europe’s economy stagnated late last year as its former growth engine, Germany, finished a second straight year of shrinking ...
Eurozone Economy Stagnates as It Braces for Fresh Blow From Trump Tariffs -- 5th Update
However, higher U.S. tariffs would likely slow that rebound, if not stall it completely. Economists at Berenberg Bank estimate that a 10% tariff on all U.S. imports from the eurozone would reduce the ...
Euro Zone Economy Stagnated Last Quarter, Foreshadowing Weak 2025
FRANKFURT (Reuters) - The euro zone economy stagnated last quarter as worried consumers zipped up their purses, adding to fears that a long-predicted recovery could be further delayed, Eurostat data ...
Eurozone Economy Stagnates as It Braces for Fresh Blow From Trump Tariffs
The economy returned to stagnation as 2024 drew to a close, a blow to its hopes for a recovery as it braces for the ...
MT Newswires on MSN9h
European Equities Close Higher in Thursday Trading; European Central Bank Lowers Rates
The European stock markets closed higher in Thursday trading as The Stoxx Europe 600 rose 0.90%, Germany's DAX gained 0.41%, the FTSE 100 in London increased 1.04%, France's CAC 40 was up 0.88%, and ...