european-central-bank
Top StoriesTraders Price in 75 Bps of ECB Rate Hikes by September
InvestingBanks, Commodity Stocks Lift European Shares as Markets Await ECB Meet
Top StoriesEuro Edges Higher as Risk Appetite Picks Up, Focus on ECB Meeting
Top StoriesConfronting the Inflation Beast: Five Questions for the ECB
French Economic Growth Figures to Be Revised -Le Maire
Date: June 1, 2022
PARIS (Reuters) -The French government will present revised economic growth forecasts by early July, Finance Minister Bruno Le Maire said on Wednesday, adding that he did not foresee a recession. The current forecast sees the economy growing by 4% in 2022. “There will be a revision of the growth figure. I will do that revision...
Euro’s Losses Deepen After Inflation Data
Date: May 31, 2022
By Saikat Chatterjee LONDON (Reuters) – The euro’s losses deepened on Tuesday after data showing euro zone inflation hit a record high in May, but expectations the European Central Bank will soon hike rates kept the single currency on track for its best monthly performance in a year. Rising inflation is usually considered a precursor...
Record High Inflation Pushes Eurozone Shares to Session Lows
Date: May 31, 2022
By Susan Mathew (Reuters) -Eurozone shares hit session lows on Tuesday after data showed inflation rose to a record high in May, spurring bets of bigger interest rate hikes by the European Central Bank (ECB). Inflation in the 19 countries sharing the euro accelerated to 8.1% in May from 7.4% in April, beating expectations for...
Euro Zone Inflation Hits New Record, Adding to Case for Big ECB Rate Hikes
Date: May 31, 2022
BRUSSELS (Reuters) – Euro zone inflation rose to yet another record high in May, challenging the European Central Bank view that gradual interest rate increases from July will be enough to tame stubbornly high price growth. Inflation in the 19 countries sharing the euro accelerated to 8.1% in May from 7.4% in April, beating expectations...
Euro Zone’s Overpriced Housing Market May Sag if Rates Rise, ECB Says
Date: May 25, 2022
FRANKFURT (Reuters) – The euro zone’s overpriced housing market may sag if mortgage rates rise faster than inflation, exposing debt-fuelled bubbles in some countries, the European Central Bank said on Wednesday. In its Financial Stability Review, the ECB also warned about further falls in asset prices if the economic outlook deteriorates as a result of...
ECB’s Lagarde Sees Rate at Zero or Slightly Above by September
Date: May 24, 2022
FRANKFURT (Reuters) -European Central Bank President Christine Lagarde said on Tuesday she saw the ECB’s deposit rate at zero or “slightly above” by the end of September, implying an increase of at least 50 basis points from its current level. Her comments kept speculation alive about bigger ECB rate hikes this summer to fight record-high...