european-central-bank
Top StoriesECB Could Outline Rate Hike Plan for Coming Months in June – Müller
Top StoriesECB to Start Raising Rates Gradually This Summer – Villeroy
Top StoriesECB Rate Should Be Back in Positive Territory by Year End: Villeroy
Top StoriesECB Sees Sequence of Moves to Lift Rates Into Positive Territory: Lane
ECB Should Not Raise Rates in July Before Q2 GDP Data: Panetta
Date: May 5, 2022
MILAN (Reuters) – The European Central Bank should not raise interest rates in July, even though the inflation outlook suggests it can gradually reduce support for the economy, ECB board member Fabio Panetta told Italian newspaper La Stampa. While an increasing number of ECB policymakers are making the case for a rate hike at the...
Analysis-Barely Visible Wage Growth Already a Trigger for ECB
Date: May 4, 2022
By Balazs Koranyi FRANKFURT (Reuters) – Wage growth in Europe is still barely visible but underlying pressures are intense and the European Central Bank may already have left it too late to stop strong income growth from seeping into record-high inflation. The ECB has been curbing stimulus by the smallest possible increments despite record inflation,...
ECB Must Watch Surge in Inflation Expectations -De Guindos
Date: April 28, 2022
FRANKFURT (Reuters) – The European Central Bank needs to keep a close eye on the recent rise in inflation expectations above its 2% target but wage growth, a key requirement of durable inflation, is still muted, ECB Vice President Luis de Guindos said on Thursday. Inflation rose to 7.4% last month, and while a quick...
Analysis-Euro Peers Over the Cliff at Dollar Parity as Recession Looms
Date: April 27, 2022
By Saikat Chatterjee LONDON (Reuters) – The euro’s drop to a five-year low is rekindling the possibility the currency will reach parity versus the dollar for the first time in two decades, as fears of a euro zone recession encourage investors to pile on the bearish bets. Russia’s move to cut off gas supplies to...
Euro Boosted by ECB Rate Hike Bets, Macron’s Debate
Date: April 21, 2022
By Saikat Chatterjee and Julien Ponthus LONDON (Reuters) – A series of hawkish comments amplified bets that the European Central Bank would soon hike interest rates, lifting the euro to a one-week high on Thursday amid expectations French President Emmanuel Macron would win his reelection bid on Sunday. Joachim Nagel, president of Germany’s Bundesbank, joined...
ECB’s De Guindos Backs Ending Bond Purchases in July
Date: April 21, 2022
FRANKFURT (Reuters) -The European Central Bank should end its stimulus programme in July and could raise interest rates that same month, in September or later, ECB vice-president Luis de Guindos said in an interview published on Thursday. The ECB said last week that it would stop buying bonds in the third quarter of the year...