european-central-bank
InvestingEuro Zone Bond Yields Creep Higher After ECB Minutes
Top StoriesEuro Zone Likely to Endure Recession as Downturn Deepens
Top StoriesEuro Zone Yields Fall, German Real Rates in Positive Territory
Top StoriesECB Policymakers Back Jumbo Rate Hike, Differ on Balance Sheet Cut
Euro Zone Yields Fall From Multi-Year Highs Tracking Moves in UK Gilts
Date: September 28, 2022
By Stefano Rebaudo (Reuters) -Euro zone borrowing costs fell on Wednesday, tracking moves in British gilts, after hitting multi-year highs amid monetary tightening expectations and concerns about potentially growing bond supply due to more public spending. The euro area bond market has recently trailed yields in British gilts, which made their sharpest rise in decades...
Inflation Expectations Still Anchored Even Though Price Hike Longer: Centeno
Date: September 27, 2022
By Sergio Goncalves LISBON (Reuters) -Inflation expectations are anchored to the European Central Bank’s medium-term target even though consumer price rises will be steeper and longer than originally thought, European Central Bank governing council member Mario Centeno said on Tuesday. “In Europe there is no de-anchored inflation expectations,” Centeno said, adding that “five-year inflation swaps...
Euro Zone Yields at Multi-Year Highs, Italian Bonds Underperform
Date: September 26, 2022
By Stefano Rebaudo (Reuters) -Euro zone government bond yields jumped to multi-year highs amid expectations that central banks will keep tightening their monetary policy despite recession risks and a new sell-off in British gilts. Meanwhile, the spread between Italian and German yields widened after the rightist coalition won a clear majority in Sunday’s elections. Italian...
Euro Zone Inflation Broadening and Will Continue to Rise, ECB’s Schnabel Says
Date: September 22, 2022
LUXEMBOURG (Reuters) – Euro zone inflation is set to go higher and price growth is likely to be more persistent than earlier thought, European Central Bank board member Isabel Schnabel said on Thursday, defending the ECB’s plans to raise interest rates further. The ECB has lifted rates by a combined 125 basis points over its...
ECB’s Lagarde Raises Prospect of Rate Hikes Beyond Neutral Level
Date: September 20, 2022
FRANKFURT (Reuters) -The European Central Bank may need to raise interest rates to a level that restricts economic growth in order to cool demand and combat unacceptably high inflation, ECB President Christine Lagarde said on Tuesday. The ECB has been raising rates at the fastest pace on record but inflation is still rising and even...
ECB Governors See Rising Risk of Rate Hitting 2% to Curb Inflation – Sources
Date: September 12, 2022
By Francesco Canepa PRAGUE (Reuters) -European Central Bank policymakers see a rising risk that they will have to raise their key interest rate to 2% or more to curb record-high inflation in the euro zone despite a likely recession, sources told Reuters. With inflation hitting 9.1% in August and seen above the ECB’s 2% target...