european-central-bank
Top StoriesECB Likely to Get Out of Negative Rates by September, Lagarde Says
Top StoriesAs ECB Pares Back Stimulus, Investors Alert for Fragmentation Risk
Top StoriesECB Policymakers Push for Quick Monetary Policy Normalisation
Top StoriesEuro Zone April Inflation Revised Down to 7.4%; Still a Record High
ECB’s Knot Says 50 Bps July Rate Hike Possible if Inflation Broadens
Date: May 17, 2022
AMSTERDAM (Reuters) – The European Central Bank should raise its key interest rate by 25 basis points in July but should not yet rule out a bigger increase, Dutch central bank chief Klaas Knot told Dutch TV programme College Tour. “The first interest rate hike is now being priced in for the monetary policy meeting...
ECB’s Villeroy: Overly Weak Euro Could Threaten Inflation Goal
Date: May 16, 2022
PARIS (Reuters) -The euro’s weakness on currency markets could threaten the European Central Bank’s efforts to steer inflation towards its target, ECB policymaker Francois Villeroy de Galhau said on Monday. The euro on Thursday hit its lowest against the dollar since 2017. It traded slightly above that early on Monday. The euro’s weakness makes imported...
ECB’s Centeno Sees Rate Hike in Early July
Date: May 13, 2022
By Sergio Goncalves LISBON (Reuters) -European Central Bank (ECB) Governing Council member Mario Centeno said on Friday that the ECB should begin an interest rate hike cycle in early July, and he called for any withdrawal of stimulus to be done gradually. He said the normalisation of monetary policy was “necessary and desirable”, adding that...
ECB’s Makhlouf Says It Is Time for Governing Council to Act
Date: May 12, 2022
DUBLIN (Reuters) – Irish Central Bank Governor Gabriel Makhlouf on Thursday joined a chorus of European Central Bank policymakers calling for the Governing Council to act to tackle inflation, though not necessarily at the same pace as the U.S. Federal Reserve. ECB President Christine Lagarde on Thursday finally threw her weight behind a rise in...
ECB Firms up Expectations for July Interest Rate Hike
Date: May 11, 2022
LJUBLJANA (Reuters) – The European Central Bank has firmed up expectations that it will raise its benchmark interest rate in July for the first time in more than a decade to fight record-high inflation, with some policymakers even hinting on Wednesday at further hikes after the first. With ECB policymakers clamouring for a rate hike...
German Inflation to Come in Close to 7% This Year, Bundesbank Says
Date: May 11, 2022
FRANKFURT (Reuters) – Inflation in Germany will come in close to 7% this year, Bundesbank President Joachim Nagel said on Wednesday as he repeated his call for the European Central Bank to raise its main interest rate in July. “The Bundesbank is now expecting the inflation rate in Germany to reach close to 7% in...