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European Central Bank

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ECB is poised to cut rates again in warm-up act for the Fed

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(Bloomberg) — The European Central Bank will probably cut interest rates on Thursday in a prelude to a US move the following week, as...
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Austrian Raiffeisen’s entanglement with Russia

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By Tommy Reggiori Wilkes and John O'DonnellLONDON/VIENNA (Reuters) - A Russian court has frozen Raiffeisen Bank International's local arm, killing off any prospect of...
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Draghi says EU is falling behind its rivals in competitiveness

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By Philip BlenkinsopBRUSSELS (Reuters) - The European Union is falling behind global rivals due to limited innovation, high energy prices and skills gaps, former...
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European Stocks’ Quest to Outshine US Markets Is Fading Quickly

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(Bloomberg) -- The promise of European stocks gaining an edge over their US counterparts is fading after a brief spell of outperformance, as concerns...
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Inflation fell to 2.2% in Europe, clearing the way for a European Central Bank rate cut in September

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FRANKFURT, Germany (AP) — Inflation in the 20 European Union countries that use the euro fell sharply to 2.2% in August, opening the door...
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Inflation fell to 2.2% in Europe, clearing the way for a European Central Bank rate cut in September

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FRANKFURT, Germany (AP) — Inflation in the 20 European Union countries that use the euro fell sharply to 2.2% in August, opening the door...
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ECB Should Proceed Cautiously With Rate Cuts, Schnabel Warns

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(Bloomberg) -- The European Central Bank shouldn’t lower interest rates too quickly as risks to inflation’s return to 2% persist, according to Executive Board...
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