The ECB has cut further and faster than peers in the UK and the U.S., ensuring the Euro has underperformed the Pound and Dollar over the past year. All signs point to a continuation of the trend, and ...
European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision.
The European Central Bank cut interest rates on Thursday and kept the door open to further policy easing as concerns over lacklustre economic growth supersede worries about persistent inflation.
Following is the text of European Central Bank President Christine Lagarde's statement after the bank's policy meeting on Thursday: Link to statement on ECB website: Good afternoon, the Vice-President ...
The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates.