The Latest Breaking News from European Central Bank

The first hike is expected to be announced by the European Central Bank at its May 4 council meeting

A Slovak court said on Thursday it had convicted national bank governor and European Central Bank (ECB) policymaker Peter Kazimir in a bribery-related case and fined him 100,000 euros ($110,200).

European Central Bank head Christine Lagarde says future interest rate decisions are open after upheaval in the global banking system has left the economic outlook more uncertain

The European financial system is "resilient" the European Central Bank said on Monday, as global bank shares and oil prices slumped following the announcement that Switzerland's biggest bank UBS will take over troubled rival Credit Suisse.

Concerns about the world's banks are casting a shadow over the European Central Bank's meeting

ECB presses on with 0.5 point increase in eurozone interest rates, and says it stands ready to respond to market turmoil

Inflation has eased only slightly in the 20 countries that use the euro currency as the pain from higher costs for food and fuel persists

Books-to-stationery retailer says a cyber security incident has resulted in illegal access to current and former employee data, though website and customer accounts are unaffected

Sweden’s central bank has raised a key interest rate and 0_5 percentage points to 3% to combat inflation, saying it “is far too high and has continued to rise.”

No, it must accept one, per conventional wisdom. But Europe’s showing another way, though it won’t be painless either.

Energy giants are reaping the benefits of high energy prices. Shell followed ExxonMobil in doubling its annual profit for 2022 to nearly $40 billion, the highest in its 115-year history. It's sparked outrage among climate activists and those calling for higher taxes as households struggle with high energy bills. Also…