Alexander Weber

(Bloomberg) -- Euro-area inflation slowed below the European Central Bank's 2% target for the first time since 2021 — backing investor bets that interest rates may be lowered more quickly than previously anticipated.

An interest-rate cut that European Central Bank officials deemed unlikely just three weeks ago now seems a near certainty when they next set policy on Oct. 17.

The clear-cut perception of this month's decision is such that investors are now pricing a 90% chance of it transpiring.

The European Central Bank must address the euro area’s disappointing economic performance, according to Executive Board member Isabel Schnabel.

(Bloomberg) -- The European Central Bank must address the euro area's disappointing economic performance, according to Executive Board member Isabel Schnabel.

(Bloomberg) -- Private-sector activity in Italy contracted for the first time this year as the services sector failed to fully compensate for deteriorating activity at factories.

(Bloomberg) -- European Central Bank officials were keen to maintain flexibility on the speed of interest-rate reductions with inflation not fully defeated and risks to the euro-zone economy building, an account of their last policy decision showed.

Angesichts der noch nicht voll gebannten Inflation und wachsender Konjunkturrisiken haben die Notenbanker der EZB bei ihrer geldpolitischen Sitzung im September die Notwendigkeit von Flexibilität betont.