European Central Bank president: Bitcoin lacks reserve potential
European Central Bank President Christine Lagarde ruled out the idea of European banks holding bitcoin in treasuries this week, stating, “Bitcoins will not enter the reserves of any of the central banks of the General Council [of the European Central Bank].
European Central Bank warns of weak economy after delivering quarter-point rate cut
The European Central Bank is widely expected to cut interest rates for the fifth time since it began easing monetary policy.
European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy
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 to cut rates again with Trump threat and U.S. divergence in focus
The Fed will likely be on a more hawkish path, so significant divergence from the ECB could risk flight of capital towards the Dollar.”
Bank of England expected to cut interest rates again as UK economy stagnates
The BoE is also grappling with sagging UK business confidence and surveys point to corporate redundancies. Data suggests the UK economy probably failed to grow in the final months of 2024.
European Central Bank Cuts Interest Rates, Breaking With Federal Reserve
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:
European Central Bank expected to cut interest rates
The European Central Bank (ECB) is expected to cut key interest rates again on Thursday in what would be the fifth rate cut in the eurozone since mid-2024. Economists expect the central bank to cut the key deposit rate - the interest that banks receive for parking funds at the ECB - by 0.
'European economy is not growing,' says Bank of Portugal's Centeno
Bank of Portugal Governor Mario Centeno discusses European Central Bank monetary policy, the European economy and the impact ...
Traders are moving so much gold from the Bank of England to the U.S. to avoid Trump tariffs that the waiting time has reportedly octupled
But in some instances, traders must deliver physical gold to fulfill some of their futures contracts. Fears around Trump’s ...
EU vessel sanctions weigh on Russian grain exports, central bank says
The European Union's sanctions on vessels transporting Russian grain, along with Turkey's wheat import ban, impacted Russian ...
Tariffs Will Be Especially Bad for Europe. What They Mean for European Stocks.
After unveiling 25% levies on goods from Canada and Mexico, as well as an additional 10% tax on Chinese products, Trump said ...