The Latest Breaking News from European Central Bank

The European Union is "failing to match the speed of change" in the United States and China and must act urgently on economic reforms to avoid falling further behind, a key report's author said Tuesday.

France's political crisis will likely take centre stage at a European Central Bank meeting Thursday, with turmoil in the eurozone's second-biggest economy causing a fresh headache for policymakers.

Can political commitment, leadership capability, and business involvement power Europe's future and boost its global competitiveness? In the remaining articles in this series, we plan to find out.

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

Live, rolling coverage of business, economics and financial markets as policy rate left at 2%

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.

Stablecoins risk undermining central banks’ ability to conduct monetary policy. They’re also becoming increasingly popular among investors.

September S&P 500 E-Mini futures (ESU25) are down -0.21%, and September Nasdaq 100 E-Mini futures (NQU25) are down -0.29% this morning, taking a breather after a recent rally, as investors monitor progress on U.S. trade talks and wrangling in Washington over President Donald Trump’s tax-and-spending bill.

Tom Lee, the head of research at Fundstrat Global Advisors, highlighted a crucial factor that could explain why the European Central Bank (ECB) has been able to cut interest rates while the U.S. Federal Reserve (Fed) has not.