european-central-bank
UncategorizedECB’s Wunsch Says Weaker Euro May Take Edge Off US Tariffs
Top StoriesECB Imposes Extra Capital Charge on 13 Banks Over Leverage Risk
BusinessDecline in Euro Zone Business Activity Eases in December, PMI Shows
Top StoriesThe Pressure’s On: Five Questions for the ECB
ECB to Cut Rates by 25 Bps on Dec. 12; at Least Four More Likely in 2025- Reuters Poll
Date: December 5, 2024
By Indradip Ghosh BENGALURU (Reuters) – The European Central Bank will trim 25 basis points (bps) from its deposit rate on Dec. 12, according to all but two of 75 economists polled by Reuters, and at least 100 bps more next year as the economy slows and fears mount about U.S. tariffs. For now, the...
ECB’s Lagarde on France: Price and Financial Stability Are Interlinked
Date: December 4, 2024
FRANKFURT (Reuters) -Euro zone economic growth could be weaker in the months ahead and downside risks dominate the medium term outlook, European Central Bank President Christine Lagarde said in a parliamentary hearing on Wednesday. The euro zone economy has been virtually stagnant for the past 18 months, and a long-delayed recovery is now also at...
ECB Rate Cut of 25 Bps Possible, Not More, ECB’s Holzmann Tells Paper
Date: December 4, 2024
VIENNA (Reuters) – It is “conceivable” that the European Central Bank will cut interest rates by 25 basis points at its next rate-setting meeting this month but not more, ECB policymaker Robert Holzmann said in a newspaper interview published on Wednesday. Investors expect the ECB to cut interest rates at every one of its upcoming...
ECB’s Lane Says Bank Should Focus on Future Risks for Policy Decisions, Ft Reports
Date: December 2, 2024
(Reuters) – The European Central Bank should make future monetary policy decisions based on upcoming risk rather than the latest economic data, ECB chief economist Philip Lane told the Financial Times in an interview published on Monday. “Once … the disinflation process (is) completed, then I think monetary policy needs to be essentially forward-looking, and...
Euro Zone Consumers See Inflation Edge up Slightly, ECB Survey Shows
Date: November 29, 2024
FRANKFURT (Reuters) – Euro zone inflation expectations for the year ahead edged up slightly in October and stayed steady for three years out, the European Central Bank’s monthly Consumer Expectations Survey showed on Friday. Median inflation expectations for the next 12 months picked up to 2.5% from 2.4% previously while expectations for three years ahead...
Stoxx 600 Muted Ahead of Inflation Data, Eyes First Monthly Gain in Three
Date: November 29, 2024
(Reuters) – Europe’s STOXX 600 opened on a muted note on the final day of a turbulent week, with investors assessing France’s political uncertainty and awaiting euro zone inflation data to see if a bigger European Central Bank rate cut is on the cards for December. The pan-European main stock index was flat at 0815...