Top officials at the European Central Bank said they may accelerate the pace of rate cuts in coming meetings as the outlook for the eurozone economy darkens.The ECB last week lowered its key interest rate for the third meeting out of four,

A faster-than-expected retreat in euro-zone inflation will allow the European Central Bank to cut interest rates again before too long, according to Governing Council member Robert Holzmann.

LISBON (Reuters) - Inflation in the euro zone has slowed to converge with the European Central Bank's 2% target and the risk now is undershooting the goal, which could stifle growth, ECB policymaker Mario Centeno told an event in Washington on Tuesday.

European Central Bank President Christine Lagarde said, "the direction of travel is clear," on interest rate cuts by the central bank, as she declined to speculate on what it would take for the ECB to deliver a 50-basis-point cut.