European Central Bank News

ECB maintains interest rates amid sustained high domestic price pressures

Christine Lagarde, President of the European Central Bank (ECB), and Luis de Guindos, Vice-President of the ECB, addressed a press conference in Frankfurt am Main on July 18, 2024. They announced that the Governing Council decided to keep the three key ECB interest rates unchanged.

European Central Bank lowers three interest rates

The European Central Bank (ECB) Governing Council announced they will lower three ECB interest rates by 25 basis points.

ECB chief urges European version of SEC to strengthen union

European Central Bank President Christine Lagarde on Friday, November 17 proposed the creation of a European equivalent to the U.S. Securities and Exchange Commission to advance the European Capital Markets Union (CMU). In a speech at the European Banking Congress, she urged a shift in Europe's financial strategy to address the continent's upcoming economic challenges.

ECB hikes interest rates amid inflation concerns, targets 2%

The European Central Bank (ECB) has announced a 25 basis point increase in its three key interest rates, bringing the rates on the main refinancing operations, marginal lending facility, and deposit facility to 3.75%, 4.00%, and 3.25%, respectively.