european-central-bank
Top StoriesGerman Bond Yield Curve Most Inverted in Nearly 31 Years
Top StoriesECB Risks Losing Sight of ‘greedflation’ With Laser-Focus on Wages
Top StoriesEuro Zone May Inflation Confirmed at 6.1% Yr/yr, Core Eases
Top StoriesEuro Zone Consumers More Hopeful on Inflation
European Stocks Rebound on Easing Inflation Data, U.S. Debt Deal Optimism
Date: June 1, 2023
(Reuters) – European stocks bounced back on Thursday as data on easing inflation sparked a debate on the need for further interest rate hikes beyond this month, while hopes that the U.S. will avoid a debt default also boosted investor sentiment. The pan-European STOXX 600 index closed 0.8% higher, after closing at a two-month low...
ECB’s Simkus Sees June and July Rate Hikes; Sept Too Early to Say
Date: May 30, 2023
VILNIUS (Reuters) – The European Central Bank could raise interest rates in June and July, Lithuanian policymaker Gediminas Simkus said on Tuesday, joining a large group of policymakers suggesting that a flagged June increase will not be the last one. “I think that in June and July we will have 25 basis point increases in...
ECB Needs to Keep Interest Rates ‘sustainably High’ to Combat Inflation – Lagarde
Date: May 19, 2023
ECB needs to keep interest rates ‘sustainably high’ to combat inflation – Lagarde By Jesús Aguado MADRID (Reuters) – The European Central Bank needs to keep interest rates high to curb inflation in the medium term, its president Christine Lagarde said on Friday, signalling more monetary tightening. The ECB slowed the pace of rate hikes...
Audit Finds Holes in ECB’s Management of Bank Credit Risk
Date: May 12, 2023
FRANKFURT (Reuters) – European Central Bank supervisors are often too lenient with banks in how they manage credit risk, especially in the case of the worst performers, the European Court of Auditors (ECA) said on Friday in a report that highlighted a number of shortcomings. The ECB supervises just over a hundred of the euro...
Soft Lending and Inflation Data Pave Way for Smaller ECB Hike
Date: May 2, 2023
Soft lending and inflation data pave way for smaller ECB hike By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -Euro zone banks are turning off the credit taps and a key gauge of inflation is finally falling, data showed on Tuesday, boosting the case for a smaller interest-rate increase by the European Central Bank later...
Euro Zone Consumers More Optimistic on Inflation, ECB Survey Shows
Date: April 4, 2023
FRANKFURT (Reuters) – Euro zone consumers cut their inflation expectations in February and also took a more optimistic view on growth and unemployment, a fresh survey by the European Central Bank showed on Tuesday. Euro zone inflation has started to edge down from record highs around the turn of the year and further big falls...