The Governing Council today decided to lower the three key ECB interest rates by 25 basis points. In particular, the decision to lower the deposit facility rate – the rate through which we steer the ...

Consumer spending, which comprises the largest share of economic activity, surged in the December quarter, led by a pickup in motor vehicle sales.

The rise will take the average water and wastewater bill in England and Wales from £480 to £603 for the next year alone. This equates to an increase of around £10 a month, from £40 to £50.

During the press conference, ECB President Christine Lagarde indicated that the central bank's macro assessment had hardly changed from its December meeting. The ECB still sees the disinflationary ...

The American economy ended 2024 on a strong note - but inflation pressure remains.The Commerce Department reported Thursday that gross domestic product — the economy's output of goods and services — ...