Rising rates have boosted profits and policymakers want banks that can compete with US rivals. But many obstacles remain ...

The European Central Bank, which was created in 1999 when the euro currency was born, started raising interest rates in the ...

Policymakers who set interest rates for the 20 countries that use the euro have lowered rates in back-to-back meetings for ...

Denmark's central bank cut its key policy interest rate by 25 basis points to 2.85% on Thursday as expected, following the ...

In Europe, where inflation has cooled sharply, the economy is weak and could use a boost. The area is vulnerable to the ...

The European Central Bank on Thursday lowered the deposit rate by 25 basis points. The widely-anticipated move marks the ...

The interest rate cut is the European Central Bank's third since June and shows optimism among rate-setters over the path of ...

The European Central Bank's governing council Thursday cut three key interest rates by 25 basis points, based on inflation falling.

The European Central Bank cut interest rates on Thursday for the third time this year, saying inflation in the euro zone was ...