Czech Central Bank Cuts Key Interest Rate to 3.75% as Inflation Stays Higher Than Expected
PRAGUE (AP) — The Czech Republic’s central bank cut its key interest rate again Thursday with inflation higher than expected after keeping the rate unchanged at its previous policy meeting in December. The cut, which had been predicted by analysts, brought the interest rate down by a quarter of a percentage point to 3.75%.
Dutch bank ING sees no uptick in 2025 total income amid European rate cuts
By Jakob Van Calster and Mateusz Rabiega (Reuters) -Dutch bank ING Groep on Thursday said it does not expect its annual total income to grow in 2025, as the European Central Bank continues to cut interest rates on concerns of a muted economy.
Europe markets open higher ahead of expected ECB rate cut; Deutsche Bank down 5% on profit miss
European markets opened higher Thursday as investors await key earnings, and the European Central Bank’s latest monetary policy decision.
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.
Bank of England cuts interest rates to 4.5% and slashes UK growth forecast
The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.
Bank of England cuts rates and growth outlook, sees inflation 'bump'
The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, but the BoE said it would be careful about further moves in the face of an expected inflation spike and global economic uncertainty.
European Economic News Preview: Bank Of England To Cut Rates
The monetary policy announcement from the Bank of England is the top economic event due on Thursday. The BoE is expected to cut its
Bank of England Cuts Rates, Warns of Tariff Impact
The central bank responded to a troubling mix of stuttering economic growth, stubborn inflation and President Trump’s tariff threats.
Bank of England Cuts Rates While Warning of Inflation and Trade War Risks
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
Bank of England Gives Hawkish Warning as it Cuts Rates to 4.5%
The Bank of England’s Monetary Policy Committee voted to cut interest rates to a 19-month low but struck a hawkish tone by signaling that only two more reductions are needed to bring inflation back to the 2% target.
European stocks step out from US shadow in 2025, but for how long
European stocks have staged their best performance in a decade against Wall Street in the first six weeks of 2025, but hopes ...
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.
Poland pitches rearmament bank to boost Europe's defence spending
"There is a new idea which I like: a rearmament bank," said Radosław Sikorski, Poland's minister of foreign affairs. View on ...
Big central banks start 2025 heading in different directions
The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths ...
European banks may find it tough to repeat strong end-of-year performance
European banks are expected to report a sharp rise in profits for the final three months of last year, helped by still-robust ...
European Shares Slide as Trump Eyes Next Round of Tariffs
European stocks tumbled as investors braced for the region to be the next target of US President Donald Trump’s trade tariffs ...
Central bank body urges policy revamps to heed COVID lessons
Central bank body the Bank for International Settlements has urged the likes of the Federal Reserve and European Central Bank ...