european-central-bank
Top StoriesEuropean Central Bank to Raise Deposit Rate to 3.25% by Mid-Year: Reuters Poll
Top StoriesECB Must Keep Raising Rates to Fight Off Inflation, Lane Says
Top StoriesECB Can Cut Carbon Footprint by Shedding Bonds of Biggest Polluters
BankingECB Tells Bankers to Get Picky With Risky Clients, Including Hedge Funds
ECB’s Centeno Says Interest Rate Close to Peaking if No New Shocks
Date: January 6, 2023
LISBON (Reuters) – The European Central Bank’s key interest rates should soon hit their peak amid efforts to bring down inflation, unless new external shocks emerge, ECB Governing Council member Mario Centeno said on Friday. He told a conference that interest rates will rise until the ECB thinks inflation can be brought down to its...
Big Fall in Euro Zone Inflation Offers Little Help for ECB
Date: January 6, 2023
By Balazs Koranyi and Jan Strupczewski FRANKFURT/BRUSSELS (Reuters) -Euro zone inflation tumbled last month but underlying price pressures are still rising and economic growth indicators are surprisingly benign, suggesting that the European Central Bank will keep raising interest rates for months to come. Fighting a historic surge in prices, the ECB has since July increased...
Dutch Governor Knot Signals ECB Will Keep Raising Rates in Months Ahead- Ft
Date: December 26, 2022
(Reuters) – Head of Dutch Central Bank Klaas Knot said with five policy meetings between now and July 2023, the ECB would achieve “quite a decent pace of tightening” through half percentage point rises before borrowing costs eventually peaked by the summer, the Financial Times reported on Monday. “The risk of us doing too little...
German Yields Steady, Spreads Tighten After Recent Repricing
Date: December 21, 2022
By Stefano Rebaudo (Reuters) – German borrowing costs were little changed and spreads between the core and periphery tightened on Wednesday, as investors anticipated little upside for yields in the short term after last week’s European Central Bank meeting spurred repricing. While investors are concerned about more public spending in 2023 to fight the energy...
German Producer Prices Rise Less Than Expected in November
Date: December 20, 2022
BERLIN (Reuters) -Germany’s producer price index eased in November for the second month in a row, adding to signs that high inflation could be waning in Europe’s largest economy as the cost of natural gas and electricity fell, according to data released on Tuesday. Producer prices of industrial products rose 28.2% on the same month...
ECB to Raise Scrutiny of Banks’ Credit Risk, Funding in 2023 as Recession Looms
Date: December 12, 2022
FRANKFURT (Reuters) – The European Central Bank will increase scrutiny over how banks manage credit risk and diversify funding, it said on Monday while outlining its 2023 priorities as the euro zone heads into a likely recession and faces soaring borrowing costs. The 19-country currency bloc is facing the double whammy of sky-high inflation and...