The European Central Bank should use bond purchases more sparingly in the future given costly side effects, Dutch central bank chief Klaas Knot said on Friday just as the ECB is starting a strategy review.

Euro zone inflation will be back at the European Central Bank's 2% target by the summer and interest rates could keep on falling to support the economy, French central bank chief Francois Villeroy de Galhau said just a day after the ECB's fourth straight rate cut.

Diverging signals about monetary policy from the European Central Bank and Federal Reserve this week have set the euro on a clear path for further weakness.

The European Central Bank is set to lower interest rates for a fifth meeting as inflation that’s nearing the 2% target lets officials further loosen the shackles on the economy.

During the press conference, ECB President Christine Lagarde indicated that the central bank's macro assessment had hardly changed from its December meeting. The ECB still sees the disinflationary process on track and expects a pick up in demand, though it acknowledges the near-term weakness of the eurozone economy.

Despite still elevated domestic inflation, weak growth and inflation projected at target this year strengthen the case for further rate cuts.

ECB cuts the deposit rate by a quarter point to 2.75 per cent as expected and offers little shift in tone from December as it continues to move policy away from restrictive territory

The yen was set for its best January performance since 2018 on Friday, driven by the expectation for Japanese interest rates to keep rising, while the Mexican peso and Canadian dollar held firm ahead of U.

WASHINGTON (Reuters) - U.S. President Donald Trump is getting his wish that interest rates drop across the world, just not at home where a strong economy and uncertainty over his own policies have set the stage for the Federal Reserve to diverge from its central bank peers.

SoftBank is in talks to invest as much as $25bn into OpenAI. The deal would make it the start-up’s biggest financial backer. At the same time, the two companies are also partnering on a separate massive AI infrastructure project. Here to explain what all this says about SoftBank’s AI ambitions is the FT’s Arash Massoudi. Hi, Arash.