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European Central Bank

Euro zone inflation fell to 4.3% in September, lowest level since October 2021

Annual inflation in the eurozone cooled to its lowest level since October 2021, falling to 4.3% in September, flash figures showed on Friday, according to CNBC. That...

Euro zone lending slows again as bloc skirts recession

Lending across the euro zone slowed to a near stand-still in August, data from the European Central Bank showed on Wednesday, as economic growth...

Europe’s central bank faces close call on interest rates as threat of recession grows

Caught between stubborn inflation and weakening growth, the European Central Bank faces a close call Thursday on whether to halt its record run of interest...

ECB says consumer inflation expectations edged up in July

Consumer expectations for euro-area inflation inched up in July, remaining above the European Central Bank’s 2% target as officials ponder whether to hike or...

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...