European Central Bank holds interest rates at 4% in contested decision
The European Central Bank sent a strong signal that it would consider cutting interest rates at its next meeting in June after holding them at all-time highs...
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The European Central Bank sent a strong signal that it would consider cutting interest rates at its next meeting in June after holding them at all-time highs...
(Bloomberg) -- European Central Bank interest-rate setters are starting to position themselves for the next debate as a first cut in June becomes increasingly certain and inflation continues to slow. Most Read from BloombergTrumpism Is Emptying ChurchesRBC Fires CFO Ahn After Probe Into Personal RelationshipThe Odds of $100 Oil Are Rising as Supply Shocks Convulse the MarketSaudis Scale Back Ambition for $1.5 Trillion Desert Project NeomNetanyahu Pulls Some Troops From Gaza and Says Victory Near
Decision ends unprecedented streak of 10 consecutive increases in borrowing costs
Inflation Data Likely to Keep Fed on Track to Hold Steady; U.S. GDP Surges; ECB Ends Rate-Hike Run; Bank of Russia Lifts Key Rate Again By Michael Maloney Good day. The Federal Reserve's...
(Bloomberg) -- The European Central Bank is set to keep interest rates on hold for the first time in more than a year amid growing evidence that its unprecedented bout of hikes is helping to bring down inflation.Most Read from BloombergControversial Chip in Huawei Phone Produced on ASML MachineApple Plans AirPods Overhaul With New Low- and High-End Models, USB-C HeadphonesIsrael Is Losing Support as Fury Grows Over Its Strikes on GazaTrump Ally Mike Johnson Elected House Speaker, Shifting GOP Fu