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.

The fifth ECB rate cut since June, which had been well telegraphed to the market, lowered the rate that the central bank pays on deposits to 2.75% from 3.0%.

European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision.

The European Central Bank cut its key interest rate by a quarter point, as it rushes to brace a stagnant economy against President Trump’s threatened tariffs. Read more: ...

The president did not get what he wanted from the US Federal Reserve chair yesterday. Jay Powell and his fellow central bank officials held interest rates steady, defying pressure from Donald Trump to ...

Donald Trump has rounded on the US Fed, threatening to unravel the political neutrality that has underpinned decades of stability.

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The European Central Bank (ECB) announced on Thursday it is lowing its benchmark deposit rate to 2.75%. The quarter-point cut ...

Economic uncertainty has been further fuelled by expectations of tax cuts, broad tariffs on imports, and mass deportations of undocumented immigrants, which economists warn could drive inflation ...

WASHINGTON – The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product — the economy's ...

Europe's benchmark index was trading around record highs on Thursday, led by real estate and technology stocks, after the European Central Bank cut interest rates by a quarter point as expected. The ...

The US Federal Reserve has decided to hold interest rates steady at its first policy meeting after Donald Trump returned to the presidency. NHK World's Esaki Daisuke breaks down what's behind the ...