ECB rate-setters often get pigeon-holed as hawks or doves. Hawks prefer keeping interest rates higher on the view that it is vital to prevent inflation getting out of hand.

The ECB cut its policy rate to 2% last month, half its level of a year earlier, after taming a surge in prices that followed the end of the COVID-19 pandemic and Russia's full-scale invasion of ...

The shared currency was off 0.3% versus the dollar, but it didn't appear the ECB was a big driver. The euro had largely held steady in the wake of the rate decision and the beginning of Lagarde's ...

Lagarde's ECB enacted a quarter-percentage-point cut that took its rate down to 4.25%, while Neto's bank cut by a quarter point in May to take its primary rate down to 10.5%.

Mark Wall, chief European economist at Deutsche Bank, also said the ECB was on track for a September cut. Wall noted that the ECB "excused" some inflation data as one-offs and others as absorbed ...

European stocks were climbing on Thursday as the expectation that the European Central Bank will cut interest rates later helped investors shrug off below-par economic data. The ECB appears all ...

The ECB cuts interest rates to 4.25% from 4.5% as expected, potentially making room for a similar move by the Fed. The European easing follows the Bank of Canada's first cut yesterday. CME data ...

Watch Fed Chair Powell, ECB's Lagarde speak live at central bank policy forum By Jeff Cox,CNBC • Published July 2, 2024 • Updated on July 2, 2024 at 11:51 am ...

In the U.S., the Powell-led Fed has kept its main policy rate steady for the past year despite inflation rates well off their mid-2022 peaks. Lagarde's ECB enacted a quarter-percentage-point cut ...