Euro zone inflation could return to the European Central Bank's 2% target sooner than earlier thought and will likely hover around this level even in the longer term, a fresh ECB survey showed on Friday.

The risk that eurozone inflation will fall below the European Central Bank’s target is now as great as the risk that it will exceed it, the governor of the Bank of France said Friday.

The European Central Bank cut interest rates again Thursday, upping the tempo at which it is lowering borrowing costs as inflation in the eurozone cools faster than expected and the

The European Central Bank is keeping its options fully open at upcoming interest rate meetings as the risk of undershooting its inflation target is now as big as of overshooting it, ECB policymaker Francois Villeroy de Galhau said on Friday.

The 25 basis point cut, expected by analysts, arrives against a backdrop of settling inflation and anaemic growth. View on euronews