The European Central Bank cut interest rates again on Thursday after separate data showed economic stagnation, led by contraction in Germany and France.
ECB officials reduced the deposit rate by a quarter-point to 2.75%. They continued to describe their current monetary-policy stance as ‘restrictive’, signaling more loosening is in the pipeline, while ...
The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths ...