european-central-bank
Top StoriesECB Sowing Messy ‘some of What It Takes’ Signal: Mike Dolan
Top StoriesInstant View: ECB Ends Bond Buys, Signals Rate Hikes; Yields Rise
Top StoriesECB Ends Bond Buys, Signal July, Sept Rate Hikes
Top StoriesECB Decision Nervousness Weighs on European Shares
Charting Course Out of Stimulus, ECB to Set Stage for Rate Hikes
Date: June 9, 2022
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank will pull the plug on years of stimulus on Thursday and signal a string of rate hikes to fight surging inflation, leaving markets only to guess the size and speed of policy tightening. With inflation at a record-high 8.1% and broadening quickly, the...
Marketmind: Hey Ecb, How High Will You Go?
Date: June 9, 2022
A look at the day ahead in markets from Dhara Ranasinghe. There’s little doubt the European Central Bank will on Thursday confirm it will pull the plug on years of stimulus and is getting ready to hike interest rates for the first time since 2011 to contain record high inflation. Can we move on then?...
UniCredit Well Placed to Weather Italian Debt Volatility – CFO
Date: June 8, 2022
MILAN (Reuters) – UniCredit is well placed to withstand volatility in Italian government bonds, the group’s finance chief said on Wednesday, dismissing concerns about the impact of a recent widening in spreads with German debt. The premium Italian bonds pay over safer German Bunds hit a two-year high this month, at more than 2 percentage...
UK and Italian Banks to Benefit Most From Rising Rates, Study Shows
Date: June 8, 2022
By Marc Jones LONDON (Reuters) – British and Italian banks are expected to see the biggest boost from Europe’s rising interest rates, according to a new study, while French and Dutch lenders will see barely any benefit and Swiss and Swedish banks could actually suffer. Credit rating firm S&P Global looked at how 85 of...
An ECB Quandary: The Hunt for a Neutral Euro Zone Interest Rate
Date: June 8, 2022
By Yoruk Bahceli (Reuters) – Euro zone interest rates rising to at least 0% by September seems like a done deal as inflation soars, but how high rates should go thereafter is dividing policymakers and economists in a bloc of 19 vastly different economies. The European Central Bank meets on Thursday and is expected to...
Surge in Euro Zone Wages May Be Less Than Meets the Eye
Date: June 8, 2022
FRANKFURT (Reuters) – Euro zone wages are climbing after a lost decade but some pay rises may prove fleeting as employers across the bloc opt to give one-off bonuses rather than permanent increases against an uncertain outlook for growth and inflation. The preference for temporary increases may be frustrating for workers struggling with a cost-of-living...