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by William Ickes Thu Sep 4, 1:05 PM ET FRANKFURT (AFP) - The European Central Bank kept its key lending rate unchanged on Thursday and slashed its growth forecasts for this year and next, sending stock markets and the euro into tailspins.
The ECB left..
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By Marc Jones 1 hour, 8 minutes ago FRANKFURT (Reuters) - The European Central Bank kept interest rates on hold at 4.25 percent on Thursday as expected, after a troubling flood of weak euro zone economic data and a fresh record high in inflation.
The d..
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by William Ickes Sun Jul 20, 12:19 AM ET FRANKFURT (AFP) - The European Central Bank is trying to convince people in the eurozone that taking a tough stand on inflation will get them through lean economic times, arguing that long-term gains warrant shor..
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By PAUL AMES, Associated Press Writer 1 hour, 27 minutes ago STRASBOURG, France - European Central Bank President Jean-Claude Trichet warned Wednesday that euro nations are already seeing the first signs of an inflation price spiral, calling on governme..
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By Krista Hughes Fri Jul 4, 5:26 AM ET FRANKFURT (Reuters) - The European Central Bank's interest rate rise sends a signal that it is serious about combating inflation, policymakers said as they staged a public relations offensive to justify Thursday's..
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By Krista Hughes 53 minutes ago FRANKFURT (Reuters) - The European Central Bank raised interest rates for the first time in more than a year on Thursday, in a widely expected quarter percentage-point move which took benchmark rates to 4.25 percent, the..
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Sat Apr 19, 8:20 AM ET BERLIN (Reuters) - Wage and fiscal policy in the euro zone could buoy inflation and the European Central Bank may need to act, ECB Governing Council member Axel Weber said in a newspaper interview released on Saturday.
"I am conc..
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by Andre Lehmann 52 minutes ago BASEL, Switzerland (AFP) - Global economic growth is "robust" but inflation risks remain as markets absorb the impact of the US subprime home loan crisis and higher food prices, European Central Bank chief Jean-Claude Tri..
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Thu Oct 4, 6:41 AM ET LONDON (AFP) - Europe's main stock markets saw mixed fortunes on Thursday amid investor caution ahead of interest rate decisions from the European Central Bank and Bank of England.
Both the ECB and BoE were expected to keep their..
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by Isabelle Le Page 13 minutes ago FRANKFURT (AFP) - The ECB says it is ready to raise interest rates, but the euro's strength along with record oil prices and uncertainty from the US home loan crisis has delayed a hike that now looks even less likely...
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By Mike Peacock 2 hours, 51 minutes ago LONDON (Reuters) - A global credit crisis has increased the threat to growth, the European Central Bank said on Thursday, as G7 governments asked for a report on the genesis of the turmoil for next month's meeting..
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