Euro area to get back half what it’s spending on war fallout – ECB
FRANKFURT – Euro zone countries are spending more than they will get back to cushion the economic hit from the Ukraine war via fuel subsidies and other support measures, the European Central…
ECB will raise rates until inflation falls back to 2%, Lagarde says
FRANKFURT – The European Central bank will raise its interest rates until inflation falls back to its 2% target, the ECB’s President Christine Lagarde said in an interview with Germany’s Funke Mediengruppe…
ECB survey sees rise in short- and long-term inflation exactions
FRANKFURT – Euro zone inflation is set to be higher than forecast just a few months ago and even longer-term expectations are moving above the European Central Bank’s 2% target, a fresh…
ECB raises rates for first time in decade with safety net for debtors
FRANKFURT – The European Central Bank raised its interest rates for the first time since 2011 on Thursday and unveiled a new bond-buying programme to keep borrowing costs in check for the…
ECB should model new bond scheme on old one, Nagel says
FRANKFURT – The European Central Bank should model its upcoming bond-buying scheme, aimed at capping borrowing costs for Italy and other indebted countries, on the one it announced during the debt crisis,…
Analysis-Euro’s 20-year low leaves ECB facing costly choices
By Balazs Koranyi and Francesco Canepa FRANKFURT – The euro’s tumble towards parity against the dollar has pushed the European Central Bank back against a wall, leaving its policymakers with only painful…
ECB to revamp corporate debt holdings to favour greener firms
FRANKFURT – The European Central Bank plans to gradually revamp its 344 billion euro ($358 billion) corporate debt portfolio to favour greener firms, it said on Monday, taking another step in aligning…
Another inflation record firms case for bigger ECB rate hikes
FRANKFURT – Euro zone inflation hit yet another record high in June as price pressures broadened, and its peak could still be months away, firming the case for rapid European Central Bank…
Recession fears creep into ECB thinking at summer conference
By Balazs Koranyi and Francesco Canepa SINTRA, Portugal – European Central Bank policymakers put on a brave face at their annual gathering in the hills above the Portuguese capital and forecast further…
ECB shifts back timing of policy decisions, press conferences
FRANKFURT – The European Central Bank has shifted the timing of its policy announcements and press conferences, unveiling its decisions later than in the past and shortening the lag between the two…
Germany’s Lindner: ECB must get inflation under control
BERLIN – German Finance Minister Christian Lindner urged the European Central Bank on Wednesday to take swift action to get inflation under control. “My impression is we have been in an economic…
Euro zone governments shouldn’t expect free lunch from ECB, governors say
(Reuters) – Euro zone governments should not expect unconditional support under the European Central Bank’s new tool to stop borrowing costs from rising too far for the most indebted countries, two ECB…
Ukrainian refugee influx could ease euro zone labour shortage: ECB
FRANKFURT – The influx of Ukrainian refugees into the European Union could gradually ease labour shortages in the euro zone as some of those fleeing the war are likely to settle permanently,…
ECB rate rises will be more gradual than Fed’s, says Draghi
KYIV – The European Central Bank will inevitably raise interest rates more slowly than the U.S. Federal Reserve given the different economic circumstance in the euro zone, Italian Prime Minister Mario Draghi…
Euro zone to avoid recession, growth to accelerate in Q3 – ECB survey
FRANKFURT – The euro zone will avoid a recession this year and growth will accelerate noticeably after bottoming out in the second quarter, a key European Central Bank survey showed on Monday.…
ECB bond reinvestments no ‘panacea’ for southern European debt, UBS warns
By Yoruk Bahceli (Reuters) – Gearing reinvestments of pandemic-era bond purchases back into stressed markets may not be enough to prevent unmanageable divergences in borrowing costs across the euro area as the…
ECB raises inflation, cuts growth forecasts
FRANKFURT – The European Central Bank raised its inflation projections once again on Thursday but cut its growth outlook as the conflict in Ukraine continues to weigh on confidence, consumption and investment.…
Marketmind: Hey ECB, how high will you go?
A look at the day ahead in markets from Dhara Ranasinghe. There’s little doubt the European Central Bank will on Thursday confirm it will pull the plug on years of stimulus and…
Investment banks ramp up ECB rate hike forecasts
(Reuters) – BofA Securities now expects the European Central Bank to hike interest rates by 150 basis points this year including 50 bps moves in July and September, it said in a…
Confronting the inflation beast: Five questions for the ECB
By Dhara Ranasinghe, Tommy Wilkes and Saikat Chatterjee LONDON – The European Central Bank looks all but certain to announce on Thursday that its years of bond-buying stimulus are over and that…
Deutsche Bank sees a 50 bps ECB rate hike by September
MILAN – Deutsche Bank economists have ramped up expectations over European Central Bank policy tightening and now expect one of the two interest rate hikes in the third quarter to be a…
Crypto markets may pose risks to wider financial stability, ECB warns
By Francesco Canepa and Tom Wilson FRANKFURT -Cryptocurrencies will pose a risk to financial stability if the emerging sector maintains its rapid growth of the last two years and financial firms deepen…
Money markets price in 50-50 chance of 50 bps July ECB hike
By Yoruk Bahceli (Reuters) – Euro zone money markets on Friday ramped up their bets on a 50 basis-point interest rate hike from the European Central Bank in July that would bring…
ECB can safely raise rates out of negative territory, Visco says
KOENIGSWINTER, Germany – The European Central Bank can raise its benchmark interest rate out of negative territory without major economic consequences because financing conditions would still remain exceptionally easy, ECB policymaker Ignazio…
ECB can move rates back into positive territory: Visco
FRANKFURT – The European Central Bank can start raising interest rates, perhaps as soon as July, moving them gradually back into positive territory, Italian central bank chief Ignazio Visco told Bloomberg TV…
ECB to force UK-based investment banks to relocate staff, trading
FRANKFURT – Too many global investment banks continue to serve euro zone clients out of London and the European Central Bank plans to force them to relocate senior staff and trading activity…
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