Over the past months, inflation across the eurozone has moderated from its peak, aligning closer to the ECB’s target of around 2%. This decline in inflationary pressures has provided the ECB with a rationale to reverse its aggressive interest rate hikes,

European stocks pared gains and the euro strengthened after the European Central Bank cut interest rates for the first time since 2019, but signaled it was still concerned about inflation. The

The European Central Bank cut interest rates for the first time in five years on Thursday but kept investors in the dark about its next move given increasing uncertainty over inflation after a sharp slowdown in the past year.

The quarter-point reduction comes as inflation in the eurozone cools, prompting the E.C.B. to move before the Federal Reserve in the United States, where rates remain high.

Europe's main stock markets were up but pared some gains Thursday as the European Central Bank cut interest rates for the first time since 2019 while warning that inflation would

The European Central Bank went ahead with its first interest rate cut since 2019 on Thursday, keeping its word despite an increasingly uncertain inflation outlook. The ECB had all but promised a rate cut after seeing inflation fall from 10% in 2022 to just over its 2% target recently,

Europe's main stock markets climbed higher Thursday, with sentiment buoyed by rising expectations of an imminent interest-rate reduction from the European Central Bank.