European PMIs for August show steep downturn
An emloyee works on the assembling of a brake caliper for an electric vehicle in Dueren, western Germany. Ina Fassbender | Afp | Getty Images European business activity contracted once …
Christine Lagarde
Commerzbank CFO says the European Central Bank has hit pause
The European Central Bank has likely pressed pause on its rate hiking cycle, the chief financial officer of Commerzbank told CNBC on Friday. The ECB raised interest rates in July, …
raises rates by 25 basis points
The European Central Bank announced a new rate decision Thursday. Daniel Roland | AFP | Getty Images The European Central Bank on Thursday announced a new rate increase of a …