The bank maintained the benchmark rate at 1 percent, citing concerns about the slowdown in the European economy.

Topics:  european   bank   
BING NEWS:
  • Fed and ECB divergence on rate cuts could spell trouble for the euro, economist says
    The prospect of the ECB diverging from the Fed on rate cuts is likely to be "particularly negative" for the euro area, according to one economist.
    05/2/2024 - 6:01 pm | View Link
  • How can the United States and the EU tame inflation?
    Inflation rates on both sides of the Atlantic are proving to be stickier in 2024 than many central bankers expected. Interest rate cuts are off the table for now amid wider economic concerns.
    05/2/2024 - 3:13 am | View Link
  • Has inflation been tamed or not?
    Inflation rates on both sides of the Atlantic are proving to be stickier in 2024 than many central bankers expected. They are keeping interest rate cuts off the table for now and raising wider ...
    05/2/2024 - 1:00 am | View Link
  • FTSE 100: London closes higher and Wall Street climbs as Fed rate-hike fears fade
    The FTSE 100 ( ^FTSE) and European stocks were mostly higher after the US Federal Reserve held interest rates steady on Wednesday and chair Jerome Powell signalled the central bank is still leaning ...
    05/2/2024 - 12:33 am | View Link
  • US Federal Reserve leaves interest rates unchanged, what’s next for banks and customers?
    With the US Federal Reserve’s announcement Wednesday to hold interest rates steady at a target benchmark of 5.25-5.50%, broad implications of this decision are starting to line up across the financial ...
    05/2/2024 - 12:05 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News