Jana Randow

The European Central Bank lowered interest rates for a third consecutive meeting, signalling more reductions next year as inflation nears 2 per cent and the economy struggles.

European Central Bank policymakers expect to cut interest rates by another quarter point in January and probably also in March as inflation stabilizes at the 2% target and economic growth remains sluggish, according to officials familiar with their thinking.

Die Notenbanker der EZB gehen informierten Kreisen zufolge davon aus, dass sie die Leitzinsen im Januar und wahrscheinlich auch im März um einen weiteren Viertelpunkt senken werden, da sich die Inflation bei der Zielmarke von 2% stabilisiert und das Wirtschaftswachstum schwach bleibt.

Europe's economy faces sluggish growth, projected at 0.9% annually through 2039, hampered by challenges like the war in Ukraine, competition from China, and an aging workforce. Decisive reforms, increased investment, and millions of new workers are needed to boost growth to a potential 2.4%.

The European Central Bank pledged to be more transparent on the bonds maturing from its pandemic portfolio as reinvestments come to an end.

High energy costs and slumping exports have made German households €2,500 poorer and the decline threatens to become irreversible.

Germany is reaching a point of no return. Business leaders know it, the people in the country feel it, but politicians haven't come up with answers.

German business expectations sank in December, highlighting the challenges for Europe’s top economy with snap elections likely to bring a change of government.

The European Central Bank will regularly make available one of its most valued trackers of wage increases in the euro zone, providing insight into the analysis that shapes monetary-policy decisions.

(Bloomberg) -- European Central Bank Governing Council member Joachim Nagel expects euro-area interest rates to reach a level that no longer restricts