european-central-bank
FinanceECB’s Makhlouf Expects 50 Bps Rate Hike in December
Top StoriesEuro Sags Against Sterling After Euro Zone Inflation Cools
Top StoriesGerman Inflation Eased in November but Too Soon for ‘all-Clear’
Top StoriesBonds Rally After Inflation Shows Signs of Cooling in Spain and Germany
Euro Zone Credit Growth Remains Brisk Despite Gloomy Outlook
Date: November 28, 2022
FRANKFURT (Reuters) – Bank lending to euro zone companies held steady, maintaining the sector’s biggest borrowing binge in over a decade, despite rising interest rates and a looming recession, European Central Bank data showed on Monday. Lending to businesses in the 19-country euro area expanded by 8.9% in October, unchanged on September when it rose...
ECB Could Slow Rate Hikes, but Bond Run-Off Should Start Soon, Knot Says
Date: November 18, 2022
FRANKFURT (Reuters) – The European Central Bank may slow the pace of interest rate hikes but should soon start running down its massive government debt holdings as that would ease the need for further rate rises, Dutch Central Bank President Klaas Knot said on Friday. The ECB has raised rates by an unprecedented 200 basis...
ECB May Have to Cool Growth to Control Inflation, Lagarde Says
Date: November 18, 2022
FRANKFURT (Reuters) -The European Central Bank may need to raise interest rates so much that they dampen growth as it fights sky-high inflation, while any runoff in the ECB’s bond holdings must be “measured and predictable”, its chief Christine Lagarde said on Friday. The ECB has raised rates by an unprecedented 200 basis points since...
ECB Policymakers Caution Against Tightening Policy Too Fast
Date: November 14, 2022
FRANKFURT (Reuters) -The European Central Bank needs to keep raising interest rates but must not move too fast to avoid unnecessarily exacerbating a downturn, two policymakers said on Monday, with one of them making the case for slowing the pace of policy tightening soon. The ECB has raised rates by a combined 200 basis points...
Euro Zone Bond Yields Fall Ahead of US Inflation, Midterm Results
Date: November 9, 2022
By Harry Robertson LONDON (Reuters) – Euro zone bond yields slipped on Wednesday as investors awaited key U.S. inflation data, due out Thursday, and the results of the U.S. midterm elections. Yields, which move inversely to prices, have soared this year as the European Central Bank (ECB) has followed the U.S. Federal Reserve in hiking...
German 2-year Yield Hits Fresh 14-year High as Central Banks Zero in on Inflation
Date: November 8, 2022
By Amanda Cooper and Stefano Rebaudo LONDON (Reuters) -Germany’s short-dated yields hit fresh multi-year highs on Tuesday, with investor focus on central banks’ fight against inflation ahead of U.S. consumer price data that will drive expectations for the outlook for Federal Reserve policy. European Central Bank policymaker Joachim Nagel told a German banking conference on...