The European Central Bank hiked its key charges by 0.25 share factors for the tenth time in a row since July final yr to curb
Tag: european central bank
German recession to drive down Europe’s GDP growth in 2023
The eurozone financial system will develop slower than beforehand anticipated this yr, the European Commission forecast on Monday, as client demand suffers from excessive inflation
Eurozone economy pulls out of dip with modest growth, inflation cools
The eurozone economic system returned to progress within the second quarter of 2023, breaking out of months of stagnation or contraction as increased rates of
Europe’s banking sector shows strong capital buffers against losses
Europe’s banking sector has demonstrated robustness and the flexibility to climate a extreme financial downturn with out depleting their monetary buffers, in accordance with the
ECB hikes interest rates for 9th time to combat inflation
The European Central Bank (ECB) raised rates of interest for the ninth straight time in its yearlong marketing campaign to stamp out painfully excessive inflation,
Eurozone business downturn deepens to reignite recession woes
Economic exercise within the eurozone shrank rather more than anticipated in July, a carefully watched survey confirmed Monday, as demand within the bloc’s dominant providers
Downturn in eurozone business activity deepens far more than expected
Economic exercise within the eurozone shrank way more than anticipated in July, a carefully watched survey confirmed Monday, as demand within the bloc’s dominant companies
‘Unlikely’ ECB can say whether rates have peaked soon: Lagarde
European Central Bank (ECB) President Christine Lagarde stated Tuesday it was “unlikely” policymakers might state quickly when rates of interest had peaked as they battle
ECB raises rates to 22-year high even as economy stutters
The European Central Bank (ECB) raised borrowing prices to their highest degree in 22 years on Thursday and left the door open to extra hikes,
IMF urges European central banks to kill inflation ‘beast’ with rate hikes
On Friday, the International Monetary Fund (IMF) urged European central banks to “kill the beast” of inflation by pursuing rate of interest hikes. “You need