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If the ECB decides to move on interest rates in the next six months, it would most likely be a cut, Villeroy said.

ECB could still cut rates despite oil market volatility

The European Central Bank can further cut interest rates at a time of huge volatility in energy markets, policymaker Francois Villeroy de Galhau told the Financial Times in an interview published today.

Business • 6 hrs

Annual euro zone inflation fell to 1.9% in May, from 2.2% in April, EU statistics office Eurostat said on Wednesday.

ECB will keep doing all is needed to meet inflation goal

The European Central Bank (ECB) will keep doing all that is necessary to complete its nearly accomplished mission on inflation, one of its top policymakers, Bundesbank President Joachim Nagel, said today.

Business • 19 Jun

Today's interest rate cut is the eighth reduction in a year

ECB cuts interest rates for eighth time in a year

The ECB has cut interest rates for the eighth time in a year by one-quarter of a percentage point, which brings its rate down from 2.25% to 2%

Business • 05 Jun

"The impact in Europe will also be significant for Germany," he said.

ECB's Nagel warns of impact of tariffs on Germany

Tariffs pose a "significant" risk to growth in the euro zone's largest economy Germany, ECB policymaker Joachim Nagel said in Washington today.

Business • 24 Apr

German inflation eased to 2.3%, preliminary data from the federal statistics office showed today.

German inflation falls pointing to ECB rate cut

German inflation fell more than expected in March, pointing to further policy easing by the European Central Bank.

Business • 31 Mar

French central bank chief Francois Villeroy de Galhau

ECB rates could fall to 2% by end of summer - Villeroy

There is still room to lower European Central Bank interest rates further, and the 2.5% deposit rate could fall to 2% by the end of the summer, French central bank chief Francois Villeroy de Galhau told a German newspaper.

Business • 25 Mar

The ECB had been expected to continue to reduce borrowing costs to 2% this year

ECB cut: Good news for borrowers but will there be more?

The news that the European Central Bank has cut interest rates for the sixth time in the past 12 months is a positive development for Irish consumers and businesses.

Analysis and Comment • 07 Mar

President of the European Central Bank Christine Lagarde

ECB cuts interest rates for sixth time since mid-2024

The European Central Bank has cut interest rates as expected and kept the door ajar to more.

Business • 07 Mar

The ECB said late on Thursday it had fixed the roughly seven-hour outage in its payment system

ECB's payments breakdown sends shudders through Europe

Banks struggled to process payments today after an unprecedented day-long breakdown in the European Central Bank's machine underpinning trillions of euros of money movements.

Business • 28 Feb

The ECB said in a statement to Reuters the unprecedented issue had been caused by a "hardware defect"

ECB says payment system is working again after outage

The European Central Bank's said late on Thursday its systems for settling transactions were working again after an outage that had kept them offline for most of the day was fixed.

Business • 27 Feb

There are a number of reasons why banks are keen to keep mortgage holders on fixed rates

Why the banks are pushing fixed rate mortgages

As the ECB cut interest rates again, there is a broader policy shift by lenders to encourage people to take up fixed loans instead of variable products.

Analysis and Comment • 30 Jan

Denmark's central bank cuts key interest rate

Denmark's central bank cut its key interest rate by 25 basis points to 2.35% today, following the European Central Bank's decision earlier in the day to cut euro zone rates.

Business • 30 Jan

Christine Lagarde, president of the European Central Bank (ECB)

ECB cuts rates and leaves room for more easing

The European Central Bank has cut interest rates and kept the door open to further policy easing as concerns over lacklustre economic growth supersede worries about persistent inflation.

Business • 30 Jan

Traders reckon further rate cuts are a done deal, so the question is whether the ECB drops any new hints on the path ahead.

In Trump's shadow: Five Questions for the ECB

The European Central Bank meets today for the first time since Donald Trump returned to office, leaving US tariff threats looming over the euro zone's sluggish economy and potentially complicating the economic outlook.

Business • 27 Jan

Lagarde said she opposed retaliation by Europe to tariff threats made by incoming US President Donald Trump.

Lagarde: ECB very close to reaching its inflation goal

European Central Bank (ECB) President Christine Lagarde said the euro zone was getting "very close" to reaching the central bank's medium-term inflation goal, according to an interview published by the Financial Times today.

Business • 23 Dec 24

The latest ECB rate cut is in response to moderating inflation across the countries that use the euro

ECB cuts rates again, keeps door open to further cuts

The European Central Bank cut interest rates for the fourth time this year today, by quarter of a percentage point, and kept the door open to more as growth is hit by political instability at home and the threat of a fresh US trade war.

Business • 12 Dec 24

Banks are adjusting their lending and deposit rates in the wake of ECB cuts

Bank of Ireland cuts its fixed mortgage rates by 0.5%

Bank of Ireland has become the latest mortgage lender to announce cuts in its mortgage lending rates.

Business • 19 Nov 24

In his speech, Gabriel Makhlouf said public innovation in payment systems must keep pace with private innovation

Rate cut next month not yet certain - Makhlouf

The Governor of the Central Bank has said it would be going a bit far to say an ECB interest rate cut next month is in the bag.

Business • 18 Nov 24

Only 12% of economists polled last month had predicted an October cut. But most have swiftly changed their view to cuts in both October and December.

Poll suggests ECB to cut rates by 25bps in Oct and Dec

The European Central Bank (ECB) will cut its deposit rate by 25 basis points on October 17 and again in December, according to more than 90% of economists polled by Reuters who now see a quicker decline in euro zone inflation.

Business • 08 Oct 24

The ECB last week cut its key interest rates by 25 basis points

ECB may accelerate rate cuts in coming months - Panetta

The European Central Bank's rate cutting cycle could accelerate over coming months, governing council member Fabio Panetta said today.

Business • 19 Sep 24

The European Central Bank announced it will cut euro zone interest rates by a further 0.25% to 3.5%

Who will benefit from ECB interest rates cut?

There is little surprise that the European Central Bank has moved to cut rates by a further 0.25%.

Analysis and Comment • 12 Sep 24

The ECB cut rates for the first time after a record string of hikes in June and markets expect a second move on 12 September

ECB has room for gradual rate cuts, Kazaks says

The European Central Bank has room to cut interest rates possibly two more times this year as inflation remains broadly on the declining path policymakers envisaged, ECB policymaker Martins Kazaks said.

Business • 23 Aug 24

ECB may need to cut rates again in September, Rehn says

The European Central Bank may need to cut interest rates again in September given persistent economic weakness, Finnish central bank chief Olli Rehn has said.

Business • 20 Aug 24

A net 16% of lenders polled in the ECB's Bank Lending Survey (BLS) reported a surge in demand for loans from households in the three months to June

Euro zone households seek loans again after two years

Euro zone households are applying for loans in growing numbers for the first time in two years as they grow more optimistic about the economy and interest rates fall, a European Central Bank survey showed today.

Business • 16 Jul 24

The ECB lowered rates in June and signalled more easing in the coming months

ECB must not rush into next rate cut, Vasle says

A host of risks could still derail euro zone disinflation, so the European Central Bank should not rush into its next interest rate cut, Slovenia's central bank governor Bostjan Vasle said today.

Business • 03 Jul 24