European Central Bank News

European Central Bank keeps three key interest rates unchanged

The European Central Bank (ECB) Governing Council has kept three key ECB interest rates unchanged. It based its decision on information that “broadly” confirms the medium-term inflation outlook continues to fall, as a previous assessment had suggested to the council.

Lagarde calls for European SEC, Unified Exchange to address regional challenges

Christine Lagarde, president of the European Central Bank, proposed a European equivalent to the U.S. Securities and Exchange Commission and a consolidated stock exchange to mobilize funding for tackling the region's challenges of deglobalization, demographics, and decarbonization.

ECB raises interest rates: 'Underlying price pressures remain strong'

The European Central Bank (ECB) announced a 25 basis point increase in its three key interest rates to combat the ongoing high inflation pressures in the euro area.