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Tag: european central bank

Eurozone inflation ticks up in May but unlikely to stop ECB rate cut
Economy

Eurozone inflation ticks up in May but unlikely to stop ECB rate cut

June 2, 2024June 2, 2024

Inflation within the eurozone ticked as much as an annual 2.6% in May, in response to official figures on Friday, as a painful spike in

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ECB June rate cut seen as done deal, with more reductions to follow
Economy

ECB June rate cut seen as done deal, with more reductions to follow

May 30, 2024May 30, 2024

The European Central Bank (ECB) is all however sure to ship an rate of interest reduce on June 6, in line with a ballot of

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ECB chief Lagarde warns of risk of acting ‘too late’ on rates
Business

ECB chief Lagarde warns of risk of acting ‘too late’ on rates

March 20, 2024March 20, 2024

The chief of the European Central Bank (ECB) cautioned Wednesday towards the hazards of performing “too late” on rate of interest cuts, reaffirming the chance

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Dilemma over cuts remains as ECB keeps interest rates on hold
Business

Dilemma over cuts remains as ECB keeps interest rates on hold

January 25, 2024January 25, 2024

The European Central Bank (ECB) left its key rate of interest unchanged Thursday at a record-high 4%, maintaining credit score costly for companies and customers

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ECB, BoE insist ‘higher for longer’ still needed as Fed stands alone
Business

ECB, BoE insist ‘higher for longer’ still needed as Fed stands alone

January 2, 2024January 2, 2024

Top European central banks on Thursday reaffirmed their dedication to sustaining coverage rates of interest greater for an extended interval to combat inflation, which is

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Eurozone inflation dips to over 2-year low but growth vanishes
Economy

Eurozone inflation dips to over 2-year low but growth vanishes

October 31, 2023October 31, 2023

The inflation that has been lengthy plaguing European customers fell sharply to 2.9% in October, its lowest in additional than two years as gasoline costs

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ECB halts rate hikes as Mideast crisis casts shadow over economy
Economy

ECB halts rate hikes as Mideast crisis casts shadow over economy

October 27, 2023October 27, 2023

The European Central Bank (ECB) on Thursday left rates of interest regular for the primary time in over a 12 months because the Israel-Hamas battle

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Time has come for central bank digital currencies to prove their worth
Business

Time has come for central bank digital currencies to prove their worth

October 22, 2023

The European Central Bank’s (ECB) milestone step towards introducing a digital euro within the coming years signifies a vital second for the most recent incarnation

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ECB’s Lagarde confident over 2% inflation goal, winter gas situation
Business

ECB’s Lagarde confident over 2% inflation goal, winter gas situation

October 8, 2023October 8, 2023

European Central Bank (ECB) President Christine Lagarde is assured the financial authority will meet its goal of getting inflation again right down to 2%, and

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World central banks rally behind ‘higher for longer’ credo
Economy

World central banks rally behind ‘higher for longer’ credo

September 22, 2023September 22, 2023

Central banks of the world’s greatest economies have served discover that they may preserve rates of interest as excessive as wanted to tame inflation, at

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