Press releases - European Central Bank
Press releases. Our monetary policy strategy, the tools we use and the impact they have. Insights into our work on financial stability and payments infrastructure. Securities settlement systems and central counterparties. Access to all ECB statistics and background information.
News - European Central Bank
Dec 5, 2023 · The European Central Bank (ECB) is the central bank of the European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.
ECB lowers rates and eyes more cuts as economy sags
Oct 16, 2024 · Oct 17 (Reuters) - The European Central Bank cut interest rates on Thursday for the third time this year, saying inflation in the euro zone was increasingly under control while the outlook...
Monetary policy decisions - European Central Bank
Oct 17, 2024 · Monetary policy decisions. 17 October 2024. The Governing Council today decided to lower the three key ECB interest rates by 25 basis points. In particular, the decision to lower the deposit facility rate – the rate through which the Governing Council steers the monetary policy stance – is based on its updated assessment of the inflation ...
ECB delivers on rate cut pledge despite inflation worries
Jun 5, 2024 · The European Central Bank went ahead with its first interest rate cut since 2019 on Thursday, keeping its word despite an increasingly uncertain inflation outlook.
ECB resists rate cut bets with pledge to stay tight | Reuters
Dec 13, 2023 · The European Central Bank pushed back against bets on imminent cuts to interest rates on Thursday by reaffirming that borrowing costs would remain at record highs despite lower inflation...
European Central Bank Cuts Interest Rates for the First Time …
Jun 6, 2024 · The European Central Bank lowered interest rates on Thursday for the first time in nearly five years, signaling a pivot away from its aggressive policy to stamp out a surge in inflation.
European Banks’ CRE Exposures Are ‘Visibly Deteriorating,’ ECB …
14 hours ago · Banks in the euro region have about €1.3 trillion ($1.4 billion) in outstanding loans to commercial real estate investors and credit quality is “visibly deteriorating,” European Central Bank ...
ECB expected to cut interest rates: What you need to know
Jun 4, 2024 · The European Central Bank is expected to cut interest rates by 25 basis points at its meeting this afternoon, reducing the main refinancing rate to 4.25%, the marginal lending rate to 4.50%,...
Another European Central Bank member says a jumbo cut is on …
Oct 24, 2024 · Pierre Wunsch, head of the National Bank of Belgium and an ECB Governing Council member, said the economic data would have to weaken significantly for a 50-basis-point cut to be warranted, however ...