european-central-bank
Top StoriesECB Objects to EU’s Plan to Water Down Banking Rules
Top StoriesECB Should Keep 2022 Rate Hike on Agenda, if Inflation Warrants It -Nagel
Top StoriesECB Has ‘extra Space’ Before First Rate Hike, Lagarde Says
Top StoriesExclusive-ECB Tells Banks to Watch All Russian Clients in Widening of Sanctions Net -Sources
The Russo-Ukrainian Conflict to Change ECB Plans
Date: March 11, 2022
By Gergely Majoros, member of the Investment Committee at Carmignac ECB likely to keep maximum flexibility and options for the coming months Investors to be prepared for more “symmetrical” central banks’ decisions The current economic backdrop puts the European Central Bank (ECB) in a particularly tricky position to define an optimal monetary policy. Will the...
ECB to Turn Off Money Taps at Ukraine ‘watershed’ Moment
Date: March 10, 2022
By Francesco Canepa FRANKFURT (Reuters) – The European Central Bank will stop pumping money into financial markets this summer, it said on Thursday, paving the way for an increase in interest rates as soaring inflation outweighs concerns about the fallout from Russia’s invasion of Ukraine. With price growth in the euro zone at a record...
Lagarde Comments at ECB Press Conference
Date: March 10, 2022
FRANKFURT, March 10 (Reuters) – The European Central Bank plans to end asset purchases in the third quarter, it said on Thursday, accelerating its exit from extraordinary stimulus in a surprise move, as soaring inflation outweighs concerns about Russia’s shock invasion of Ukraine. Following are highlights of ECB President Christine Lagarde’s comments at a news...
Banks, Autos Drive Rebound in European Stocks
Date: March 9, 2022
By Sruthi Shankar (Reuters) -European shares rebounded on Wednesday as investors picked up beaten-down stocks following a rout that was sparked by fears about growing Western sanctions on Russia over its invasion of Ukraine. The pan-European STOXX 600 index rose 3.1%, set to erase all of its losses since Monday when the threat of a...
Euro Advances From 22-month Lows on EU Bond Issuance Report
Date: March 8, 2022
By John McCrank and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The euro on Tuesday climbed from 22-month lows against the U.S. dollar hit the previous session, lifted in part by expectations that the euro zone will increase fiscal spending to help offset the economic effects of Russia’s invasion of Ukraine. Investors were also hesitant to sell...
Euro Rises From 22-month Lows on Reported EU Bond Issuance Plans
Date: March 8, 2022
By John McCrank and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The euro on Tuesday rallied from 22-month lows against the U.S. dollar hit the previous session, lifted by expectations that the euro zone will increase fiscal spending to help offset the economic effects of the Russia-Ukraine conflict, which pushed energy and other commodity prices higher....