The Latest Breaking News from the European Central Bank

What began as technical risk management is now a political battlefield as governments wrestle with how far banks can go in choosing, or refusing, their customers.

The July Fed meeting came and went, with Fed Chair Powell saying little about a September rate cut and President Trump.

The European Central Bank kept rates unchanged as inflation hit its 2% target. Lagarde urged patience, citing global risks and reaffirming a data-driven approach.

The European Central Bank kept its benchmark interest unchanged, in line with analyst estimates.

Eurozone economic growth picked up in July, driven by services and stabilising factory activity, suggesting a stronger start to the third quarter. Manufacturing showed signs of recovery, while inflation eased—offering cautious optimism for the bloc’s outlook.

The European Central Bank will likely hold off on making another interest rate cut on Thursday, choosing to wait until it can measure the size of any economic blow from higher US tariffs.

The European Central Bank probably isn't going to cut interest rates again on Thursday

The European Central Bank looks set to keep interest rates unchanged on Thursday while the introduction of higher US tariffs threatened by US President Donald Trump hangs in the balance.

The European Central Bank is set to hold interest rates for the first time in almost a year when policymakers meet this week, despite concerns over the potential impact of higher US tariffs on the eurozone economy.

The head of the European Central Bank said inflation has become more unpredictable due to shocks like the COVID-19 pandemic and Russia’s invasion of Ukraine - and that policymakers need to take the possibility of such extreme scenarios into account and communicate them to the public as well

The FTSE 100 index closed up 9.75 points, 0.1%, at 8,811.04.