The central bank is contending with rising prices, the consequences of the U.S.-Iran war, and surging government borrowing costs.

That is correct. For the second time in four months, it has upped its key deposit interest rate by a quarter of a percentage ...

The European Central Bank looks set to raise interest rates on Thursday for the second time this year, seeking to head off an ...

FRANKFURT, April 30 (Reuters) - The European Central Bank left interest rates unchanged as expected on Thursday but extensively debated a hike to combat soaring inflation and signalled both on and off ...

The ECB raised its deposit rate to 2.5% on Thursday, its second hike since the U.S.-Iran war sent energy prices surging ...

ECB officials expect further policy tightening to combat inflation, with potential action in October. Rising gas and oil ...

FRANKFURT, Sept 10 (Reuters) - The European Central Bank raised interest rates for the second time this year in a widely flagged move on Thursday, hoping to tame an inflation rise driven entirely by ...

Spread the loveYou’ve likely felt it at the pump, seen it in your grocery bill, and perhaps even noticed it in the news about ...

We have more from Cormac McQuinn who has sent us the response to the hike from Sinn Féin. Its finance spokesman Pearse Doherty said the interest rate hike is “another reason why we need a cost of ...

FRANKFURT, June 12 (Reuters) - European Central Bank policymakers kept a follow-up rate ⁠hike ⁠in July on the table on ⁠Friday given rapid inflation, but said it was far too early to say if a move ...

Currency markets remain cautious as surging oil prices and yields dominate. Investors await ECB decisions and US inflation ...

ECB President Christine Lagarde downplayed the neutral rate as imprecise and evolving, signaling data-dependent policy amid ...