european-central-bank
Top StoriesECB Reports Record Loss for 2023 as Rate Hikes Bite
Top StoriesECB’s Villeroy: Should Not Hold Off First Rate Cut for Too Long
Top StoriesGerman Inflation Eases to 3.1% in January
Top StoriesECB Hints at Greener Monetary Policy in New Climate Plan
Dollar Steady Before Fed, Euro Slips on ECB Cut Comments
Date: January 29, 2024
Dollar steady before Fed, euro slips on ECB cut comments By Samuel Indyk and Ankur Banerjee LONDON (Reuters) -The dollar was steady on Monday as investors took stock of U.S. economic data ahead of the Federal Reserve policy meeting this week, while the euro edged lower as rate-setters weighed in on the timing of interest...
Euro Zone Inflation Falling Quicker Than Thought, Data Show
Date: January 26, 2024
Euro zone inflation falling quicker than thought, data show By Balazs Koranyi (Reuters) -Euro zone inflation could fall faster than expected this year as economic growth will remain anaemic, a raft of surveys and indicators showed on Friday, bolstering bets for an early start to European Central Bank interest rate cuts. The ECB kept interest...
ECB Asks Some Lenders to Monitor Social Media for Early Signs of Bank Runs -Sources
Date: January 24, 2024
ECB asks some lenders to monitor social media for early signs of bank runs -sources By Stefania Spezzati LONDON (Reuters) – The European Central Bank has asked some banks to closely monitor activity on social media to detect a worsening in sentiment which could lead to a deposit run, two banking executives with knowledge of...
European Shares Recover Some Losses After Rate Expectations Shift
Date: January 18, 2024
European shares recover some losses after rate expectations shift By Elizabeth Howcroft LONDON (Reuters) -European stocks rose in early trading on Thursday, recovering after traders lowered their expectations for major central banks to start cutting interest rates soon. A combination of higher-than-expected UK inflation data and U.S. retail sales data, as well as hawkish comments...
Euro Zone Economy Bottoming Out, but Outlook Weak, ECB Policymakers Say
Date: January 10, 2024
Euro zone economy bottoming out, but outlook weak, ECB policymakers say FRANKFURT (Reuters) -The euro zone may have been in recession last quarter and prospects in the near term remain weak, European Central Bank policymakers said on Wednesday as they reaffirmed the bank’s policy stance. Euro zone growth has been hovering on either size of...
Euro Zone Inflation Jump Cools Case for ECB Rate Cuts
Date: January 5, 2024
Euro zone inflation jump cools case for ECB rate cuts By Balazs Koranyi FRANKFURT (Reuters) -Euro zone inflation jumped as expected last month, supporting the European Central Bank’s case to keep interest rates at record highs for some time, even as markets continued to bet on a rapid fall in borrowing costs. Inflation across the...