The European Central Bank decrees its fifth consecutive interest rate cut, sets the price of money at 2.5%, and anticipates that the next monetary decisions are not at all clear. Huge uncertainty". "Uncertainty everywhere".

The ECB has cut rates five times since June as inflation retreated and economic growth faltered. But with rates slowly approaching a level that no longer restricts economic growth, one might expect an end to the easing cycle.

The ECB’s rate-setting council lowered its benchmark deposit rate to 2.5%. That should provide support for growth by making it cheaper to borrow and buy a house or expand a factory. The rate was raised to a record 4% to combat inflation that reached 10.6% in Oct. 2022, but has been reducing it steadily since June.

A trade war with the United States is looming and growth ... but we would expect growing disagreement among Governing Council members." The ECB will struggle to keep up with the rapid change ...

The European Central Bank (ECB) will announce its interest rate decision on Thursday, with market expectations leaning towards a 25 basis point cut, bringing th

Ireland’s biggest hotel operator, listed group Dalata, has hired investment bank Rothschild to help review options for the billion euro business that chairman John Hennessy says is not fairly valued by the stock market. Joe Brennan reports that the review could lead to a sale of the business.