european-central-bank
Top StoriesECB to Tackle Excess Liquidity in Next Stage of Inflation Fight -Sources
Top StoriesECB’s Lagarde: Rate Cut Not on the Agenda
Top StoriesNo Eib Presidency Decision Expected This Week -German Sources
Top StoriesECB Criticises New Italian Tax on Windfall Bank Profits
ECB Chief Economist Says Easing Inflation Welcome but Must Continue
Date: September 5, 2023
ECB chief economist says easing inflation welcome but must continue DUBLIN (Reuters) – An easing in goods and services inflation in flash data last week is welcome but needs to continue, European Central Bank Chief Economist Philip Lane said in an interview published on Tuesday. “Goods inflation and services inflation came down, which is very...
Stubborn Euro Zone Inflation Fails to Settle ECB Rate Debate
Date: August 31, 2023
Stubborn euro zone inflation fails to settle ECB rate debate By Balazs Koranyi FRANKFURT (Reuters) -Euro zone inflation proved unexpectedly stubborn this month although price pressures for underlying goods eased, providing ammunition for both supporters and opponents of another European Central Bank interest rate hike. The ECB has raised rates at its fastest pace on...
Euro Zone Firms Slash Loan Demand to Lowest on Record: ECB Poll
Date: July 25, 2023
Euro zone firms slash loan demand to lowest on record: ECB poll FRANKFURT (Reuters) – Euro zone firms’ demand for loans dropped to the lowest on record last quarter and a further decline is likely over the summer as lenders continue to tighten access to credit, the European Central Bank said on Tuesday based on...
Worsening Euro Zone Business Downturn Reignites Recession Fears
Date: July 24, 2023
Worsening euro zone business downturn reignites recession fears By Jonathan Cable LONDON (Reuters) -Euro zone business activity shrank much more than expected in July as demand in the bloc’s dominant services industry declined while factory output fell at the fastest pace since COVID-19 first took hold, a survey showed. The decline was broad-based with the...
Euro Zone Consumers See Lower Inflation Ahead – ECB Poll
Date: July 5, 2023
Euro zone consumers see lower inflation ahead – ECB poll FRANKFURT (Reuters) -Euro zone consumers in May cut their inflation expectations again for the following 12 months, although they still saw prices growing faster than the European Central Bank (ECB) would like for years to come, a new ECB poll showed on Wednesday. The ECB’s...
Euro Zone Lending Takes Another Hit in May
Date: June 28, 2023
Euro zone lending takes another hit in May (Reuters) – Euro zone bank lending slowed further in May, dragged down by higher interest rates and a recession in the bloc’s vast manufacturing sector, European Central Bank data showed on Wednesday. The ECB has been raising interest rates at the fastest pace on record over the...