In a note Thursday, ING said minutes from the European Central Bank’s July meeting, combined with recent economic data, strengthen the case for a rate increase next month. “The ECB is still struggling with how to react to a textbook supply-side shock. However, the number of ECB members supportive o»»»

Greece’s economy is still expanding faster than the rest of the eurozone, but a fresh jump in energy prices is set to push inflation further up this year, the governor of the Bank of Greece has told the country’s lenders. Governor Yannis Stournaras set out his projections for the global, European a»»»

dpa Frankfurt European Central Bank (ECB) executive board member Isabel Schnabel on Thursday suggested the bank was likely to continue raising key interest rates in a bid to bring down inflation, after having hiked rates for the first time since 2023 earlier this month in response to the Iran war. »»»

(June 13): Prices are likely to stay elevated for longer even if the war in Iran were to end soon, Bundesbank president Joachim Nagel said in an interview with Deutschlandfunk. “We may not even get back to building on the data we had before this conflict, because supply chains have obviously change»»»

The European Central Bank (ECB) kept its key interest rate unchanged at 2% on Thursday, joining the global peers as it warned that the ​war in Iran was clouding the outlook for growth and inflation in the eurozone. Oil and gas prices have jumped since the U.S.-Israeli attacks on Iran began, raising»»»