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    • ECB Delivers Its First Rate Cut in Five Years

      US News & World Report· 10 hours ago

      It lowered its record-high deposit rate by 25 basis points to 3.75%, but raised its inflation forecast for this year and the next. The ECB stressed any further rate ...

    • Lagarde Comments at ECB Press Conference

      US News & World Report· 9 hours ago

      The European Central Bank cut borrowing costs from record highs on Thursday, acknowledging progress in its battle against high inflation but also signalling that fight had ...

    • Euro Steadies Ahead of ECB Decision, Dollar Dips

      US News & World Report· 20 hours ago

      Federal Reserve easing cycle expected this year. The Canadian dollar edged slightly higher, trimming some losses from the previous session, after the Bank of Canada became ...