European Central Bank policymaker Mario Centeno said on Friday he expects inflation to fall to its medium-term target of 2% in a sustainable manner since euro zone inflation is "almost out of the woods".
Will the European Central Bank face a problem that has bedeviled the Bank of Russia? European governments are about to embark on a big increase in defense spending, fueled by growing doubts about the reliability of the U.
The annual rate of inflation in the eurozone cooled for the first time in five months during February, reassuring news for policymakers at the European Central Bank as they prepare to meet later ...
Inflation in Europe eased to 2.4% in February, supporting the case for another interest rate cut from the European Central Bank but leaving open how far the central bank will go in lowering borrowing costs.
Although the ECB would not pre-commit to future rate cuts, the fact that Christine Lagarde did not push back on lower rate cut expectations is a sign that the ECB is comfortable with a neutral rate around 2%.
The European Central Bank can continue to reduce interest rates as eurozone inflation approaches its target, Bundesbank President Joachim Nagel said Tuesday. “Incoming data suggest that we are ...