Latest Breaking News On - European central bank governing council - Page 1 : comparemela.com

European Stocks Close Lower As Rate Concerns Resurface

European stocks closed lower on Thursday on concerns the Federal Reserve might not reduce interest rates more than one time this year despite soft consumer price and producer price inflation data.

ECB's Nagel Says Euro-Zone Core Inflation Is 'Still Very Sticky'

ECB's Nagel Says Euro-Zone Core Inflation Is 'Still Very Sticky'

(Bloomberg) The euro zone’s underlying consumer price growth is proving stubborn, according to European Central Bank Governing Council member Joachim Nagel.Most Read from BloombergHunter Biden Was Convicted. His Dad’s Reaction Was Remarkable.US Inflation Broadly Cools in Encouraging Sign for Fed OfficialsFed Officials Dial Back Rate Forecasts, Signal Just One ‘24 CutStock Bull Run Breaks Record on Fed Decision Day: Markets WrapBlinken Casts Doubt on Cease-Fire Hopes After Hamas RespondsSpeaki

ECB's Holzmann says further rate cuts by the Bank could slam EUR and spike inflation

European Union cuts interest rate. Federal Reserve could follow

For the first time in almost five years, the European Central Bank cut its key interest rate by a quarter percentage point on Thursday, moving from 4.0% to 3.75% in a widely anticipated decision by the bank s governing body.