european-central-bank
InvestingInvestors’ Euro Zone Inflation Expectations Fall Below 2% for First Time Since 2022
BankingECB’s Villeroy: Trump Policies Impact on Euro Inflation to Be Limited
BankingCredit Agricole Has Not Applied to ECB to Cross 9.9% Holding in Banco Bpm, Spokesperson Says
BankingECB Will Keep Cutting Rates and Focus Shifting to Growth, Vp Says
Trade War Could Leave Europe in Recession With High Inflation, ECB Policymaker Warns
Date: November 21, 2024
NICOSIA (Reuters) – Europe will suffer in case of a fresh trade war with the United States, and could face a recession coupled with high inflation, Cypriot central bank Governor Christodoulos Patsalides said on Thursday. Incoming U.S. President Donald Trump promised to impose tariffs on most imports and said Europe would pay a big price...
Europe’s Banks Brace for Tougher Competition Under Trump 2.0
Date: November 11, 2024
By Sinead Cruise and Tommy Reggiori Wilkes LONDON (Reuters) -European banks face an even tougher task to close an earnings gap on U.S. rivals, as Wall Street awaits a new era of financial deregulation under a second Donald Trump presidency. Lenders in the euro zone and Britain have been hobbled by poor profitability and weak...
No Reason Not to Cut Rates in Dec as of Now, ECB’s Holzmann Tells Paper
Date: November 11, 2024
VIENNA (Reuters) – As things currently stand, there is no reason for the European Central Bank not to cut interest rates in December but the decision will be based on the data available then, ECB policymaker Robert Holzmann said in remarks published on Sunday. Last month the ECB cut interest rates for the third time...
For Europe’s Markets, Trump’s Return Spells Euro Pain but Bond Gains
Date: November 7, 2024
By Yoruk Bahceli and Lucy Raitano LONDON (Reuters) -Investors are bracing for further economic pain in Europe that could deepen euro losses and hurt its stocks, as a second Donald Trump presidency raises the prospects of hefty tariffs. European bonds emerged as winners, as expectations the European Central Bank will cut interest rates to counter...
ECB Does Not Need to Stimulate Economy, Schnabel Says
Date: October 31, 2024
FRANKFURT (Reuters) -European Central Bank board member Isabel Schnabel pushed back on Wednesday against calls for ultra-easy monetary policy, arguing that inflation was unlikely to ease below its 2% target so gradual rates cuts remained appropriate. Policy doves, mostly from the euro zone’s south, raised concern last week that inflation could fall too far and...
Lending, Sentiment Data Bolster Euro Zone Recovery Narrative
Date: October 25, 2024
(Reuters) -Euro zone bank lending rebounded more in September, and German business sentiment has improved more than expected this month, bolstering the view that the euro zone economy has bottomed out, even if there is no rapid recovery in sight. The 20-nation bloc’s economy has expanded at the slowest possible pace for most of...