The ECB has reiterated its commitment to introducing a digital euro, spurred in part by recent executive order by President Donald Trump.

The European Central Bank meets on Thursday for the first time since Donald Trump returned to office, leaving U.S. tariff threats looming over the euro zone's sluggish economy and potentially complicating the economic outlook.

"The Fed will likely be on a more hawkish path, so significant divergence from the ECB could risk flight of capital towards the Dollar."

The ECB has reinforced its push for a digital euro in response to Trump’s executive order promoting US dollar-backed stablecoins.

According to the CME FedWatch tool, the Fed is certain to keep interest rates unchanged in the range of 4.25%-4.50%. Investors will pay close attention to Fed Chair Jerome Powell’s press conference to determine whether policymakers are comfortable with Trump’s call for immediate rate cuts.

The European Union's central bank is reportedly pushing for a digital euro to counter US President Donald Trump's embrace of dollar-pegged private sector stablecoins.

The global economy is on edge as U.S. President Donald Trump's proposed tariffs ripple across financial markets, sparking volatility and shifts in currency values. The U.S. dollar – which had recently reached a two-year high earlier this month – has shown signs of weakness amid investor uncertainty and fallen to a two-week low,

Euro zone banks need a digital euro to respond to U.S. President Donald Trump's push to promote stablecoins, a type of cryptocurrency typically pegged to the U.S. dollar, European Central Bank board member Piero Cipollone said on Friday.

U.S. President Donald Trump's return to the White House has been met with both relief and disappointment across world markets as investors try to work out what the next four years will bring.

European Central Bank (ECB) executive board member Piero Cipollone reportedly reiterated calls for EU banks to introduce a digital euro after US President Donald Trump signed an executive order ...

Europe is braced for significant economic challenges under Trump's presidency, including its car industry, energy supply, and the euro's devaluation, alongside the potential for resurging inflation.

An Italian appeals court has rejected a request by Italy's government to suspend a 1 billion euro ($1.04 billion) payment to Telecom Italia(TIM) in a dispute linked to the liberalisation of the telecoms sector dating back to 1998,