Traders raised their bets on quick-fire European Central Bank rate cuts on Thursday, taking the bank's first consecutive rate cut in 13 years as a green light from policymakers that a speedier easing cycle has begun.

The European Central Bank lowered interest rates for the second meeting in a row, speeding the pace of rate cuts to support an economy flashing increasing signs of weakness.

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

Paris and Frankfurt stock markets climbed and the euro traded mixed Thursday before an expected interest-rate cut from the European Central Bank as the eurozone faces weakening economic activity and

European stocks showed signs of recovery on Thursday as investors anticipated a dovish stance from the European Central Bank (ECB) along with processing a set of positive corporate earnings reports. The STOXX 600 index,