european-central-bank
Top StoriesEuro Zone Inflation Could Fall Faster Than Thought, ECB’s De Cos Says
Top StoriesECB Must Avoid Unnecessary Rise in Real Interest Rates – Visco
FinanceECB to Zero in on Soured Loans This Year as Economy Slows
Top StoriesECB Survey Shows Rising Inflation Expectations Despite Energy Price Falls
Euro Zone Inflation Seen Just Above ECB’s Target in 2025, Poll Shows
Date: February 3, 2023
FRANKFURT (Reuters) – Euro zone inflation is set to decline to 2.1% in 2025, just a shade above the European Central Bank’s target, an ECB poll of economists forecast on Friday. The ECB raised interest rates for the fifth straight time on Thursday and signalled more hikes ahead, reaffirming it would stay the course in...
Sterling Hits 4-month Low Versus Euro Ahead of Expected BoE, ECB Hikes
Date: February 2, 2023
LONDON (Reuters) – The British pound slipped on Thursday to its lowest level against the euro since September as investors awaited the Bank of England and European Central Bank policy decisions later in the day. The BoE is expected to raise its main interest rate by 50 basis points, its 10th consecutive rate rise, as...
Euro Zone Inflation Drops More Than Expected but Core Price Growth Holds Steady
Date: February 1, 2023
FRANKFURT (Reuters) – Euro zone inflation eased for the third straight month in January but relief may be limited as underlying price growth held steady and concerns have already been raised about the reliability of the figures. Inflation in the 20-nation currency bloc fell to 8.5% last month from 9.2% in December data from Eurostat,...
Euro Zone Economic Sentiment Rises in January to Seven-Month High
Date: January 30, 2023
BRUSSELS (Reuters) -Euro zone economic sentiment rose to a seven-month high in January on more optimism across all sectors except construction, with inflation expectations among consumers and companies both sharply down, data showed on Monday. The European Commission’s Economic Sentiment Index (ESI) rose to 99.9 this month, above an upwardly revised 97.1 in December —...
ECB Policymakers Spar on Rate Outlook Beyond Feb Hike
Date: January 23, 2023
By Balazs Koranyi and Robert Muller FRANKFURT/PRAGUE (Reuters) -European Central Bank policymakers laid out diverging views on future interest rate hikes on Monday, suggesting that moves beyond next week’s half a percentage point increase remain contentious. The ECB promised in December a steady pace of 50 basis point increases spanning multiple meetings to combat sky...
Analysis-ECB Seen Struggling to Keep Market on Side After Mixed Messages
Date: January 23, 2023
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank’s policy signals don’t seem to convince investors any more, analysts say, whether it is trying to raise their expectations for interest rates or lower them. Two years of tumult since economies began reopening after COVID have complicated central banks’ communications with financial...