European Central Bank President Christine Lagarde said Bulgaria is “well advanced” in the process of meeting the criteria for joining the euro.

EUR/USD declines to near 1.0370 as inflation in six states of Germany decelerates in January.

The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to chart a course amid political turmoil in leading economies France and Germany.

European Central Bank President Christine Lagarde predicted that no European Union country will choose to add Bitcoin to its monetary reserves.

U.S. President Donald Trump is getting his wish that interest rates drop across the world, just not at home where a strong economy and uncertainty over his own policies have set the stage for the Federal Reserve to diverge from its central bank peers.

The European Central Bank cut interest rates on Thursday and policymakers guided for a further reduction in March as concerns over lacklustre economic growth supersede worries about persistent inflation.

European Central Bank (ECB) President Christine Lagarde reacts as she addresses the media, following the Governing Council's monetary policy meeting at the ECB headquarters, in Frankfurt, Germany, January 30, 2025. REUTERS/Kai Pfaffenbach

was speaking today after interest rates were cut by a further 25 basis points Business Post subscribers can read:

European Central Bank (ECB) ­president Christine Lagarde did not mince her words about the wider economic conditions even as she gave Europe’s borrowers another rate cut yesterday.

Euro zone consumers and economists increased their inflation expectation for this year, raising some doubts about European Central Bank's prediction that price growth is firmly under control, separate surveys showed on Friday.

European Central Bank president Christine Lagarde said it’s improbable that any EU country will choose to add bitcoin to its monetary reserves.