European Central Bank, tariff and ECB Holds
Digest more
European bond yields and the euro rose, lifted by hopes for a EU-U.S. trade deal and the European Central Bank’s pause in its aggressive rate-cutting campaign. Germany's benchma
The dollar traded sideways versus the euro on Thursday after the European Central Bank held rates steady, and was confined to a tight range against the yen as prospects for higher Japanese rates offset worries about political risk after Sunday's elections.
Benchmark deposit rate stands at 2%, its lowest since November 2022, while bank warns environment remains 'exceptionally' uncertain, especially due to trade disputes - Anadolu Ajansı
The European Central Bank (ECB) pauses interest rate cuts as it waits for the outcome of tariff negotiations between the U.S. and EU. Current inflation targets have been met, but uncertainty remains as President Trump threatens tariffs.
Loan demand from euro zone firms rose last quarter despite a drag from geopolitical and trade tensions, and another increase is likely this quarter, the European Central Bank said on Tuesday based on a survey of the bloc's biggest lenders.