President Donald Trump’s frenzied tariff barrage has been marked by reversals and faulty rollouts, baffling US trading partners and businesses while raising questions about the aims of his signature policy.

ECB says rates are “becoming meaningfully less restrictive” The euro reacted, hitting a fresh-four month high Lagarde sees inflation risks from more defense spending Says inflation will reach ...

(Bloomberg) -- European Central Bank officials ... there’s been scant pushback against the six quarter-point reductions in the ECB’s deposit rate since last June. President Christine Lagarde ...

Economists have added a big disclaimer to their view that the European Central Bank will cut interest rates three more times: Donald Trump.

European stocks recouped the day’s declines as President Donald Trump said he will exempt Mexico from his new 25% tariffs on any goods and services that fall under the North American trade agreement.

The market now expects less than three ECB rate cuts this year; the market had expected more than three cuts earlier this week. There has also been an increase in the ECB’s neutral rate from 1.8% at the start of this week, to 1.97% on Wednesday. The market is also starting to price in rate hikes from early 2026.

A late-session runup in US stocks capped another volatile day for global markets, a session that also featured extreme moves in European bonds and equities. Geopolitical news dominated sentiment once again,

Stock futures signaled a sharply weaker open for Wall Street, as higher global bond yields, trade-war fears and disappointing tech earnings roiled markets.