European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers ...
Growth: Europe continues to lag behind the US
US gross domestic product grew by 2.8% in 2024, compared with just 0.7% in the Eurozone. Plagued by structural weaknesses and high energy costs, Europe is being led by the US in terms of growth, ...
Trump is getting the lower interest rates he demanded from everyone but the Fed
The European Central Bank cut rates on Thursday, the Bank of Canada on Wednesday, and the Bank of England is likely to do so next week.
European markets head for mixed open as tech jitters ease; Fed decision ahead
European stocks are expected to open in mixed territory Wednesday as global market jitters over AI tech rivalry between the U ...
European Central Bank to cut rates again with Trump threat and U.S. divergence in focus
The Fed will likely be on a more hawkish path, so significant divergence from the ECB could risk flight of capital towards ...
Europe stocks set for mixed open ahead of Fed decision; ASML beats estimates as tech jitters ease
European stocks are expected to open in mixed territory Wednesday as global market jitters over AI tech rivalry between the U ...
European Shares To Open Higher As Investors Await Cues On Fed's Policy Path
European stocks are seen opening a tad higher on Wednesday as investors look ahead to the Federal Reserve's monetary policy ...
Federal Reserve holds rates steady: Policy divergence with ECB widens
The Fed kept rates steady at 4.25%-4.50%, signalling caution amid strong US growth and elevated inflation. Meanwhile, the ECB ...
European banks may find it tough to repeat strong end-of-year performance
European banks are expected to report a sharp rise in profits for the final three months of last year, helped by still-robust ...