European System of Central Banks

ECB keeps rates on hold with inflation still sticky

The European Central Bank froze interest rates again on Thursday as it held off from starting to cut borrowing costs amid concerns that sticky inflation is not easing as fast as hoped.

The Frankfurt-based institution's governing council held the benchmark deposit rate steady at a record four percent for a fourth straight meeting, as widely expected.

Timing is everything: Five questions for the ECB

The European Central Bank meets on Thursday, with markets eyeing any nudge towards an interest rate cut as inflation weakens.

The ECB, expected to hold rates at a record 4%, is navigating a tricky path between keeping rates high long enough to contain inflation while not cutting too late as price pressures ease quickly.

Stournaras: ECB won’t have information to decide on interest-rate cuts until June

The European Central Bank won't have enough information to decide on interest-rate cuts until June, even as inflation seems to be on track to reach the 2% target this year, Bank of Greece chief Yannis Stournaras has said.

Speaking to Bloomberg, he said that the "recent set of data suggests we will reach 2% in the autumn of this year."

ECB to signal no rush to cut interest rates

European Central Bank (ECB) policymakers are expected to keep interest rates steady on Jan. 25 and signal they are in no hurry to start slashing borrowing costs despite progress against inflation.

The Frankfurt institute is tipped to pause for the third meeting in a row following a historic run of hikes to tame runaway prices, leaving the benchmark deposit rate at 4 percent.

Lagarde Signals Potential ECB Interest Rate Cut in Summer Amidst Wage Growth Uncertainty

European Central Bank (ECB) Governor Christine Lagarde suggested on Wednesday that the ECB might implement interest rate cuts in the summer. Speaking at the World Economic Forum in Davos, Lagarde noted that sufficient data on wage growth would be available by "late spring," enabling central bankers to determine whether eurozone inflation is set to rise or fall.

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