LONDON (Reuters) - The European Central Bank cut interest rates for the third time this year on Thursday, pointing out that inflation in the euro zone is now increasingly under control and the economic outlook has worsened. The euro initially rose following the rate decision, but fell back fol...
The ECB on Thursday announced its fourth interest rate cut of the year, confirming expectations for a quarter-percentage-point move. The decision takes the ECB's key rate to 3%, marking a 1-percentage-point reduction since the bank began its current easing cycle in June 2024. The euro ...
the shut down of major banks and even punishment of countries. ECB is famous for its independence, democratic approach to discussion and decision-making, and for its transparency in voting processes. The regulation of Bitcoin has been discussed within the ECB, but there are no restrictions or po...
For EUR/USD, the ECB’s rate decision and policy statements are critical. A hawkish or dovish stance could either bolster or pressure the Euro. US Dollar Index (DXY) Dollar Index TheDollar Indextoday exhibits a slight downtrend, decreasing by 0.08% to settle at 103.233, underscoring subtle ...
EUR/USD snaps the series of higher highs and lows from last week after attempting to trade back above the former-support zone around the April low (1.0601), and the European Central Bank (ECB) meeting may fuel the recent weakness in exchange rate as the Governing Council is anticipated to ...
(RTTNews) - European stocks are seen opening on a mixed note Thursday as investors await interest-rate decisions from the Swiss National Bank and the European Central Bank.
Citing seven sources, Reuters reported on Thursday that the “European Central Bank’s (ECB) October rate decision is seen as wide open.” Additional takeaways ECB doves to fight for October rate cut after weak data. Push for October rate cut likely to face resistance from ECB hawks arguing...
data, ECB rate decision Silver prices were little changed on Thursday, as investors stuck to the sidelines ahead of the outcome of the European Central Bank's policy meeting and U.S. third-quarter GDP...MTECHTIPSSilver Holds Steady Ahead of U.s.data Ecb Rate Decision...
instrument. over time this liquidity should dwindle, pushing banks to borrow again from the ecb at the refinancing rate, traditionally the benchmark for borrowing costs. once that happens, the main rate will regain its headline status, while the narrower rate corridor should help the ecb better ...
The European Central Bank is scheduled to deliver a policy decision on Thursday at a time when economic data have suggested the eurozone has started 2018 on shaky footing after a blockbuster performance last year. fastFT has put together a guide on what analysts are watching. ...