Speaking at a press conference, ECB President Christine Lagarde suggested “liquid, secure and safe“ standards for central banks likely precluded Bitcoin as a reserve asset.
Investors maintained bets for further easing, pricing an additional 70 basis points of cuts during the rest of 2025, which would lower rates to near 2 per cent.
Despite US President Donald Trump's sabre-rattling, the European Central Bank is set to press on with interest rate cuts ...
ECB officials reduced the deposit rate by a quarter-point to 2.75%. They continued to describe their current monetary-policy stance as ‘restrictive’, signaling more loosening is in the pipeline, while ...
The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates.
After lowering key rates in December, the ECB is widely expected to announce another 25 basis points (bps) cut, taking the ...
European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision.
Following is the text of European Central Bank President Christine Lagarde's statement after the bank's policy meeting on Thursday: ...
The Fed will likely be on a more hawkish path, so significant divergence from the ECB could risk flight of capital towards ...
EUR/USD falls sharply to near 1.0420 as the safe-haven appeal of the US Dollar has strengthened in a risk-off environment.