According to the latest ECB forecast, inflation in the eurozone will stabilize around the medium-term target of 2% in 2025. An initial Eurostat estimate showed consumer prices in the eurozone were ...

The European Central Bank on Thursday cut interest rates by 25 basis points, with the bloc's growth prospects in focus following tariff threats from U.S. President Donald Trump. This brings the ECB's deposit facility rate, its key rate, to 2.5% — a move that markets had widely priced in before the announcement.

The European Central Bank (ECB) on Thursday lowered its three key interest rates by 25 basis points, meeting market forecasts. This marked the fifth consecutive rate cut since the ECB initiated its easing cycle last June. The key deposit rate now stands at 2.50%, its lowest level since early 2023.

The ECB is due to meet on Wednesday and Thursday this week to discuss future interest rate cuts. Inflation across the eurozone dropped slightly during February to 2.4%, according to the latest flash estimate from Eurostat,

Inflation in Europe eased to 2.4% in February, supporting the case for another interest rate cut from the European Central Bank but leaving open how far the central bank will go in lowering borrowing costs.