Euro, ECB
Euro Zone’s Teetering Economy Fuels Bets on Faster ECB Rate Cuts
A shock decline in the euro zone’s main survey of the private sector economy just gave the European Central Bank a reason to speed up interest-rate cuts — at least in the eyes of investors.
Euro drops as glum PMI readings stoke bets of more ECB easing
Bitcoin was the notable mover as it reached for one-month highs on Monday, sustaining its rally after the Federal Reserve's super-sized rate cut last week, while the yen and most other major currencies stagnated with Japanese markets on holiday.
ECB decision: Cuts deposit rate by 25 basis points, signals more to come but questions remain about pace
The European Central Bank is expected to trim borrowing costs again on Thursday as its focus continues to shift from damping inflation to supporting the bloc’s faltering economy. Markets imply the ECB will cut its main deposit rate by 25 basis points to 3.
EU Bank Profitability Hit Record Just as ECB Started Rate Cuts
The profitability of Europe’s top banks hit a record high just as the European Central Bank cut interest rates for the first time in almost five years.
ECB may accelerate rate cuts in coming months, Panetta says
The European Central Bank's rate cutting cycle could accelerate over coming months, governing council member Fabio Panetta said on Thursday.
ECB decision: Central bank cuts deposit rate by 25 basis points as inflation cools
An uptick in services inflation is clearly requires "very attentive understanding" and monitoring, ECB President Christine Lagarde said, but is expected to subside in 2025. Services inflation in the eurozone ticked up to 4.
Euro zone exporters facing persistent competitiveness struggle, ECB says
Euro zone exporters will continue to struggle for years to come as high energy cost and poor labour productivity growth will ...
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World economy facing volatility like the 1920’s, ECB’s Lagarde cautions
Lagarde, who took control of the ECB only months before the onset of the COVID-19 pandemic, argued that a more uncertain ...
European Banks Are Factoring Climate Risks Into Loans, ECB Says
European banks are factoring climate risks into the terms of mortgages they grant, although they don’t fully grasp the ...
Explainer-ECB's role in any UniCredit and Commerzbank combination
UniCredit, Italy's second-largest bank, has taken a 9% stake in Germany's Commerzbank and is seeking permission to ...
Rates Spark: ECB Presser Bear-Flattened The Curve
The ECB cut rates by 25bp as widely anticipated, but a slightly hawkish tilt bear flattened the EUR curve. Prospects of a ...
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ECB Press Conference: Lagarde comments on policy outlook after cutting key rate by 25 bps
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to lower the benchmark interest rate by 25 basis points at the September policy meeting and responds to ...
Hannon’s Take: For the ECB, A Soft Landing Is Now in Peril
The eurozone economy is faltering again, putting a soft landing from the Putin shock in peril.
Former Worcestershire player Alex Hepburn banned from ECB competitions for ten years
Alex Hepburn, the former Worcestershire allrounder, has been suspended from playing in ECB competitions for 10 years by the ...