NBC New York

European Central Bank cuts interest rates by a quarter point in fourth trim of the year

This was CNBC's live blog covering the European Central Bank's December 2024 meeting. The European Central Bank on Thursday announced its fourth interest rate cut of 2024, confirming expectations for ...

European Central Bank keeps rates on hold in the face of inflation threat

The ECB's governing council opted to hold its benchmark deposit facility rate at 2% on Thursday.
Boston Herald

European Central Bank head: Frequent shocks to economy make inflation more unpredictable

FRANKFURT, Germany (AP) — The head of the European Central Bank said inflation has become more unpredictable due to shocks like the COVID-19 pandemic and Russia’s invasion of Ukraine — and that ...
NBC New York

Europe stocks close lower after European Central Bank makes quarter-point rate cut

This was CNBC's live blog covering European markets. European markets closed slightly lower Thursday, having shifted between modest losses and gains following the European Central Bank's decision to ...
CNBC

European Central Bank posts first annual loss in two decades

The European Central Bank reported an annual loss of 1.3 billion euros ($1.4 billion) for 2023, its first loss since 2004, even as it released 6.6 billion euros in provision for financial risks. It ...
The New York Times

European Central Bank Signals Coming Rate Cut, Setting Up Split With Fed

The bank held rates for the fifth consecutive time, but said confidence was growing that inflation would return to its target and it could ease its stance soon. By Eshe Nelson The European Central ...