european-central-bank
Top StoriesECB Policymakers Keen to Cool Euphoria Over Inflation Drop
Top StoriesAnalysis-Traders Bet ECB Will Be First Big Central Bank to Cut Rates
Top StoriesEuro Zone Inflation and Growth Fall as ECB Hikes Bite
Top StoriesECB Snaps Rate-Hike Streak, Pushes Back on Talk of Cuts
Europe Inc Warns Business Is Tough on Home Turf
Date: October 26, 2023
Europe Inc warns business is tough on home turf By Silvia Aloisi and Richa Naidu LONDON/PARIS (Reuters) – Some of Europe’s top companies, including Volkswagen and Unilever warned on Thursday that business in the region is increasingly tough, underscoring concerns that the full impact of high inflation and borrowing is now being felt by consumers....
Euribor Revamp Aims to Attract Wider Pool of Banks
Date: October 11, 2023
Euribor revamp aims to attract wider pool of banks By Marc Jones and Huw Jones LONDON (Reuters) – Administrators of the Euribor bank-to-bank lending rate are proposing a revamp of the borrowing benchmark from next year in a fresh bid to try to increase the number of banks that contribute to its calculation. Coming more...
ECB’s Schnabel Can’t Rule Out More Hikes Amid Inflation Risks
Date: October 6, 2023
ECB’s Schnabel can’t rule out more hikes amid inflation risks FRANKFURT (Reuters) -The European Central Bank may need to raise interest rates again if wages, profits or new supply snags boost inflation, ECB board member Isabel Schnabel said in an interview published on Friday. The ECB raised borrowing costs to record highs last month to...
‘Greedy Beast’ of Inflation Not yet Defeated, Bundesbank Chief Says
Date: October 5, 2023
‘Greedy beast’ of inflation not yet defeated, Bundesbank chief says FRANKFURT (Reuters) – Euro zone inflation is falling but the fight is not yet won and the high rate of underlying price growth remains worrisome, Bundesbank President Joachim Nagel said on Thursday. The ECB has raised its deposit rate to a record high 4% from...
ECB’s Centeno Says Rate Cycle Likely Completed, Inflation Retreating
Date: October 4, 2023
ECB’s Centeno says rate cycle likely completed, inflation retreating LISBON (Reuters) -The cycle of interest rate hikes by the European Central Bank has likely come to an end as inflation across the euro zone is retreating faster then it rose, ECB Governing Council member Mario Centeno said on Wednesday. “We can expect that the rate...
ECB’s Stournaras: Rates Have Likely Peaked, Next Move Is a Cut: Boersen-Zeitung
Date: September 21, 2023
ECB’s Stournaras: rates have likely peaked, next move is a cut: Boersen-Zeitung FRANKFURT (Reuters) – European Central Bank (ECB) interest rates have likely peaked and its next move is expected to be a cut, Greek central bank chief Yannis Stournaras told German newspaper Boersen-Zeitung, pushing back on colleagues keeping another hike in play. The ECB...