Donald Trump has rounded on the US Fed, threatening to unravel the political neutrality that has underpinned decades of stability.

The fifth ECB rate cut since June, which had been well telegraphed to the market, lowered the rate that the central bank pays on deposits to 2.75% from 3.0%.

Europe's benchmark index was trading around record highs on Thursday, led by real estate and technology stocks, after the European Central Bank cut interest rates by a quarter point as expected. The ...

The president did not get what he wanted from the US Federal Reserve chair yesterday. Jay Powell and his fellow central bank officials held interest rates steady, defying pressure from Donald Trump to ...

Photo: Alamy President Donald Trump released a fiery statement against the Federal Reserve and its leadership after the ...

The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates.

The European Central Bank (ECB) announced on Thursday it is lowing its benchmark deposit rate to 2.75%. The quarter-point cut ...

Angesichts der Konjunkturflaute im Euroraum und des in Reichweite gerückten Inflationsziels von 2% hat die Europäische Zentralbank zum fünften Mal seit Juni die Leitzinsen herabgesetzt.

European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision.