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European Central Bank

Europe’s inflation held steady in August as ECB keeps an open mind on rates

Annual inflation held steady in Europe in August as food prices raced ahead of falling fuel costs, but there was no clarity about whether...

ECB hiking sends corporate loan demand down by most on record

Demand for loans among companies in the euro zone plunged by the most on record in the second quarter as the European Central Bank’s...

Euro zone ministers to agree to move to restrictive fiscal stance in 2024

Euro zone finance ministers will agree on Thursday to withdraw energy support measures to their economies and use the savings to cut budget deficits...

Italy voices anger at ECB interest rate hikes

Italian Prime Minister Giorgia Meloni has criticized the European Central Bank over repeatedly hiking interest rates to combat inflation, saying the “cure" may be...

Lagarde says inflation still too high in euro area, cannot declare victory yet

European Central Bank President Christine Lagarde said Tuesday that inflation is still too high and it’s still too early for her organization to declare victory...

ECB officials gather amid strain over hiking journey’s last mile

European Central Bank officials sparring over when to conclude their historic bout of interest-rate increases will get vital face time to smooth out any...

ECB set to hike rates again, but the peak is in sight

The European Central Bank is set to raise interest rates to their highest level in over 20 years on Thursday, even though the eurozone...

ECB warns of hit to top European banks if funds run into trouble

The euro zone's top banks may take a hit if their financial clients, such as funds, insurers and clearing houses, withdrew their deposits or...

ECB says consumers’ inflation expectations rose significantly

Consumer expectations for euro-zone inflation rose “significantly” in March, bolstering the case of European Central Bank officials who say interest-rate increases may need to...

ECB set to slow rate hikes as financial conditions tighten rapidly

The European Central Bank is expected to lift its benchmark rate by a smaller step of 25 basis points on Thursday, as core inflation...