The European Central Bank cut its benchmark interest rate by a quarter point to 2.5% on Thursday as inflation nears 2% and growth remains weak. View on euronews

So-called core inflation, which strips out energy, food, alcohol and tobacco costs, came in at 2.6% in February, also lower than January's print. Euro zone inflation eased to 2.4% in February but came in slightly above analyst expectations, according to flash data from statistics agency Eurostat out on Monday.

According to the latest ECB forecast, inflation in the eurozone will stabilize around the medium-term target of 2% in 2025. An initial Eurostat estimate showed consumer prices in the eurozone were ...

The European Central Bank on Thursday cut interest rates by 25 basis points, with the bloc's growth prospects in focus following tariff threats from U.S. President Donald Trump. This brings the ECB's deposit facility rate, its key rate, to 2.5% — a move that markets had widely priced in before the announcement.

The ECB is due to meet on Wednesday and Thursday this week to discuss future interest rate cuts. Inflation across the eurozone dropped slightly during February to 2.4%, according to the latest flash estimate from Eurostat,

Inflation in Europe eased to 2.4% in February, supporting the case for another interest rate cut from the European Central Bank but leaving open how far the central bank will go in lowering borrowing costs.

The European Central Bank (ECB) on Thursday lowered its three key interest rates by 25 basis points, meeting market forecasts. This marked the fifth consecutive rate cut since the ECB initiated its easing cycle last June. The key deposit rate now stands at 2.50%, its lowest level since early 2023.

Euro zone inflation dipped a bit less than expected last month but its most closely watched component also dropped, sealing the case for another ECB interest rate cut on Thursday and solidifying bets for further policy easing in the coming months.

The ECB reduced its interest rates on Thursday ... on-quarter in the eurozone and by 0.2% in the EU, according to Eurostat. “The euro-zone economy performed a little better than previously ...

FRANKFURT (Reuters) - Euro zone inflation dipped a bit less than expected last month but its most closely watched component also dropped, sealing the case for another ECB interest rate cut on ...