The Latest Breaking News from Euro

The European Central Bank (ECB) will raise interest rates next month for the first time in 11 years in a bid to control soaring inflation, ending a stimulus scheme to support the economy during the Covid-19 pandemic.

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Thursday’s ECB meeting ultimately left EUR/USD trading lower as traders questioned the near-term path for euro area rates. Granted, policymakers were crystal clear of a 25-bps interest rate hike in July, but they failed to specify the size of the hike indicated for September.

Wimbledon supremos on Thursday announced a 2.3 million euro payday for the 2022 singles champions as part of an 11 percent increase in prize money.

The European Central Bank (ECB) has confirmed speculation that it will become the latest central bank to start raising headline interest rates to try to ward off inflation. The bank is to raise rates by 0.25 points to 0.25% for lending and -0.25% for deposits, with plans for another rise…

James Bisgrove insists the cash is flowing in thanks in part to the club’s run to the Europa League Final.

Base rate to rise by 0.25% and quantitative easing to stop in July after ECB warns about inflation

It's decision time again for the European Central Bank

Giovanni van Bronckhorst's side are gearing up for their quest to join Europe's elite.

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