The ECB Thursday lowered its key interest rate to 2% from 2.25%, its eighth cut since June 2024. That move followed figures that showed the annual rate of inflation was 1.9% in May, below the ECB ...

The European Central Bank cut interest rates while keeping options open for future decisions, as inflation aligns with targets despite growing concerns about economic headwinds.

The expected monetary policy decision comes as eurozone inflation dipped to 1.9% in May, falling below the ECB’s 2% target for the first time since September 2024, largely due to declining ...

The ECB lowered its inflation projection for 2026 to 1.6%, but the 2027 forecast remained unchanged at 2% -- so only a temporary blip ...

Eurozone inflation fell to 1.9% in May, below forecasts, boosting expectations of an ECB rate cut on Thursday. Core inflation also eased to 2.4%. The euro slipped and bond yields fell as markets ...

FRANKFURT (Reuters) -Euro zone inflation eased below the European Central Bank's target last month on surprisingly benign services costs, underpinning expectations for further policy easing even ...

Consumer prices in Germany, the eurozone’s largest economy, were 2.1% higher in May than a year earlier, down from the 2.2% rate of inflation recorded in April, according to EU-harmonized data ...

Services inflation remains ECB's key headache Services inflation, a central metric in the ECB’s assessment of underlying price pressures, surged to 3.9% annually, up from 3.5% in March.

The European Central Bank’s (ECB) Survey of Professional Forecasters showed on Tuesday that inflation in the Eurozone is seen a tad higher at 2.2% this year, compared to the 2.1% forecast seen ...

Euro zone inflation was heading back to target but there were still some worries about inflation, warranting caution in signalling further policy easing, the ECB concluded last month, according to ...

The ECB last month predicted annual inflation at 2.1 per cent this year and 1.9 per cent in 2026. Economists share those forecasts, the ECB’s Survey of Professional Forecasters showed on Friday.

While sticky core inflation is not enough to stop the ECB from going ahead with front-loaded cuts in the first half of this year, it is high enough to keep jumbo cuts off the table unless there is ...