European Central Bank

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President of the European Central Bank Christine Lagarde arrives for a press conference at the ECB headquarters in Frankfurt, Germany, Thursday, Dec. 12, 2024. (Arne Dedert/dpa via AP)

ECB cuts rates a quarter point amid concerns of tepid growth, impact of Trump trade policies

By David McHugh - Associated Press

FILE - The European Central Bank stands at right as soccer players practise on a field next to the river Main, in Frankfurt, Germany, late Thursday, Sept. 19, 2024. (AP Photo/Michael Probst, File)

European Central Bank, seeing no signs of recession, cuts interest rates again

By Pan Pylas - Associated Press

The European Central Bank is pictured next to containers in Frankfurt, Germany, on April 9, 2024. (AP Photo/Michael Probst, File)

Inflation fell to 2.2% in Europe, clearing the way for a European Central Bank rate cut in September

By David McHugh - Associated Press

President of the European Central Bank Christine Lagarde attends a press conference after an ECB's governing council meeting in Frankfurt, Germany, on Jan. 25, 2024. The European Central Bank appears ready to start cutting interest borrowing costs for businesses and consumers — and do it ahead of the Fed. Analysts say a first-rate cut is coming Thursday when the bank's policymakers meet in Frankfurt, Germany. (AP Photo/Michael Probst, File)

The Europe Central Bank jumps ahead of the Fed in lowering rates. But future cuts may be limited.

By David McHugh - Associated Press

President of the European Central Bank, Christine Lagarde, attends a press conference after an ECB's governing council meeting in Frankfurt, Germany, on Jan. 25, 2024. Europe's outburst of inflation is receding. But a cut in interest rates from a record-high 4% is not going to happen at Thursday's European Central Bank meeting. And it may even have to wait until summer. ECB President Christine Lagarde is likely to stress after a meeting Thursday that the bank wants to see more evidence that the inflation beast has been tamed before cutting rates. (AP Photo/Michael Probst)

European Central Bank keeps key interest rate at a record. Inflation is down, so when will it cut?

By David McHugh - Associated Press

People walk in the main shopping street 'Zeil' in central Frankfurt, Germany, on Aug. 5, 2023. Inflation plaguing Europe rose to 2.9% in December, rebounding after seven straight monthly declines. The rise in price levels cast doubt on predictions for speedy interest rate cuts from the European Central Bank. The figure released Friday, Jan. 5, 2024, was up from the 2.4% annual inflation recorded in November — but is well down from the peak of 10.6% in October 2022. (AP Photo/Michael Probst, File)

Europe’s inflation is up after months of decline. Could it delay interest rate cuts?

By David McHugh - Associated Press

Gas prices are displayed at a gas station next to the headquarters of the European Central Bank, rear, in Frankfurt, Germany, on July 28, 2023. The inflation that has been wearing on European consumers fell sharply to 2.9% in October, its lowest in more than two years as fuel prices fell and rapid interest rate hikes from the European Central Bank took hold. (AP Photo/Michael Probst, File)

Europe’s inflation eased to 2.9% in October, thanks to lower fuel prices, but growth has vanished

By David McHugh - Associated Press

The President of European Central Bank Christine Lagarde attends a press conference following the meeting of the bank's governing council in Frankfurt, Germany, Thursday, Feb. 2, 2023. The fragmentation of the world economy into rival blocs led by the United States and China threatens to destabilize global commerce, increase inflation and reduce growth, European Central Bank President Christine Lagarde warned Monday. (AP Photo/Michael Probst) **FILE**

Lagarde: U.S.-China split may weaken growth and fuel inflation

By Paul Wiseman - Associated Press

President of European Central Bank Christine Lagarde speaks during a press conference in Frankfurt, Germany, Thursday, March 16, 2023, after a meeting of the ECB's governing council. (AP Photo/Michael Probst)

Europe’s central bank backs big rate hike despite bank chaos

By David McHugh - Associated Press

FILE - The European Central Bank is located near the river Main in Frankfurt, Germany, Tuesday, Dec. 13, 2022. The ECB could slow its record pace of interest rate increases. Analysts say Thursday's meeting could see an increase of half a percentage point instead of three-quarters of a point after inflation fell unexpectedly in November. (AP Photo/Michael Probst, File)

European Central Bank slows rate hikes but vows more ahead

By David McHugh - Associated Press

A man walks past the Euro sculpture in Frankfurt, Germany, March 11, 2021. The European Central Bank is behind the U.S. Federal Reserve and other central banks around the world in combating surging inflation. It’s looking to catch up as it raises interest rates for the first time in 11 years Thursday July 21, 2022, but it also faces a more serious threat of recession than other places amid an energy crisis provoked by Russia’s war in Ukraine. (AP Photo/Michael Probst, File)

Inflation hits record 8.9% in euro area, but economy grows

By Courtney Bonnell and Colleen Barry - Associated Press

A woman wearing a face mask waits at a tram station with an emergency phone in Frankfurt, Germany, Thursday, March 11, 2021. (AP Photo/Michael Probst)

Lagging US, Europe speeds up help for virus-hit economy

By DAVID McHUGH - Associated Press

An activist of environmental organization Greenpeace flies with a motorized paraglider past the European Central Bank in Frankfurt, Germany, Wednesday, March 10, 2021. Two activists landed on the roof of a side building and unrolled a banner to protest against the ECB's climate policy. (AP Photo/Michael Probst)

Greenpeace protests ECB’s loans for carbon-heavy industries

Associated Press

Office lights of the European Central Bank in Frankfurt, Germany, Wednesday, Jan. 13, 2021. (AP Photo/Michael Probst)

ECB’s Lagarde: Pandemic continues to threaten economy

By DAVID McHUGH - Associated Press

Former European Central Bank president Mario Draghi speaks to the media after accepting a mandate to form Italy's new government from Italian President Sergio Mattarella at the Rome's Quirinale Presidential Palace, Wednesday Feb. 3, 2021. (AP Photo/Alessandra Tarantino, Pool)

Draghi brings market savvy, gravitas to tame Italy’s crises

By COLLEEN BARRY and DAVID McHUGH - Associated Press

Long time exposure photo shows aircrafts flying over the buildings of the banking district in Frankfurt, Germany, Thursday, Jan. 21, 2021. (AP Photo/Michael Probst)

European Central Bank stimulus on track as economy struggles

By DAVID McHUGH - Associated Press

A worker wearing a face mask clears snow from the roof of a bar, in Pamplona, northern Spain, Saturday, Dec. 5, 2020. (AP Photo/Alvaro Barrientos)

Europe gets new blast of stimulus to counter virus surge

By DAVID McHUGH - Associated Press

Cranes with Christmas decoration stand next to the European Central Bank, left, in Frankfurt, Germany, Monday, Nov. 30, 2020. (AP Photo/Michael Probst)

As infections rise, European Central Bank prepares stimulus

By DAVID McHUGH - Associated Press

The buildings of the banking district are seen under a red sky before sunrise in Frankfurt, Germany, early Saturday, Nov. 7, 2020. (AP Photo/Michael Probst)

Lagarde: Recovery could be stop-and-go despite vaccine news

By DAVID McHUGH - Associated Press

FILE - In this Sept. 11, 2020 file photo, European Central Bank (ECB) President Christine Lagarde attends a news conference during the Informal Meeting of Economics and Finance Ministers in Berlin, Germany. The European Central Bank held off from strengthening its stimulus programs despite growing concern that a renewed surge in COVID-19 cases could stall the economy’s recovery from the deep downturn early this year. The bank on Thursday, Oct. 29, made no change to its 1.35 trillion ($1.58 trillion) pandemic emergency bond purchase program, which pumps newly created money into the economy to keep credit flowing to businesses and promote economic activity. Hannibal Hanschke/Pool Photo via AP, File)

European Central Bank: Just wait until December

By DAVID McHUGH - Associated Press