Zoe Schneeweiss

(Bloomberg) -- The European Central Bank should be able to reduce interest rates to a level where they no longer restrict the economy in 2025, according to Chief Economist Philip Lane.

European Central Bank chief economist Philip Lane said keeping rates high would stifle economic growth

European Central Bank interest rates will fall, but the speed and pace will depend on data, according to Governing Council member Gabriel Makhlouf.

The European Union needs to ramp up efforts to unify its fragmented financial infrastructure, European Central Bank President Christine Lagarde said in an op-ed for the Economist.

It would be wrong for the European Central Bank to cut interest rates with the sole purpose of stimulating the economy, according to Governing Council member Robert Holzmann.

France’s credit rating was downgraded Moody’s Ratings after far-right leader Marine Le Pen toppled the country’s government in a dispute over deficit reduction.

(Bloomberg) -- France's credit rating was downgraded Moody's Ratings after far-right leader Marine Le Pen toppled the country's government in a dispute over deficit reduction.

In This Article JPM MCO (Bloomberg) -- Moody's Ratings cut France's credit grade, heaping pressure on the

Private-sector business activity in France shrank for a fourth month as the fall of the government over a budget dispute sapped confidence.