The Fed and ECB took different paths on Wednesday and Thursday, respectively, but both face challenges in the months ahead

On Jan. 30, the European Central Bank (ECB) decided to cut its three key interest rates by 25 basis points. This brings the deposit facility rate to 2.75%, the main refinancing operations rate to 2.90%,

Euro zone manufacturers are more worried about cheap imports from China than tariffs from the United States, a European Central Bank survey showed on Friday.

French inflation was stable at the beginning of the year, figures showed Friday, a day after the European Central Bank again lowered its key interest rates amid a eurozone economy going nowhere fast.

Several members of the ECB’s Governing Council have already voiced such fears, stressing that the ECB should cut rates to a “neutral” level as quickly as possible. Deutsche Bank’s Mark Wall said in e-mailed comments that rates may “quite probably” end up below neutral by year-end.

The ECB is expected to cut rates by 25bps to 2.75% on Thursday as inflation nears 2% and growth remains weak. Analysts see further cuts in 2025, but US trade tariffs could add uncertainty.

Following is the text of European Central Bank President Christine Lagarde's statement after the bank's policy meeting on Thursday:

In his first week as US President, Donald Trump’s crypto policies reportedly drew the attention of a European Central Bank official, encouraging the development of a digital euro.

The Czech National Bank is considering adding bitcoin to its reserves. It should, regardless of what the European Central Bank thinks about that.

The political landscape of the Euro Area is complex, encompassing 20 EU members, it isn't a single nation. It's a monetary union, meaning a unique, multi-layered governance structure is at play. Each member state has its own government,

Euro (EUR) traded under pressure amid broad US Dollar (USD) strength on tariff threats. Yesterday at the last GC meeting, ECB lowered policy rates for the 5 the consecutive meeting by 25bp. Pair was last at 1.0370 levels, OCBC's FX Frances Cheung and Christopher Wong analysts note.