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 warns about vulnerable property market in euro zone
FRANKFURT – The property market is a “key vulnerability” for euro zone banks as the rise of remote working since the pandemic dents demand for offices and households take on more debt…
Surging housing costs boosting overall euro zone inflation: ECB
FRANKFURT – Euro zone housing costs rose sharply last year, boosted by soaring German property prices and adding to already uncomfortably high overall inflation, a European Central Bank study showed on Wednesday.…
ECB to raise deposit rate to -0.25% by year-end- Reuters poll
By Shrutee Sarkar BENGALURU – The European Central Bank will raise its deposit rate in the second half of this year, and not wait until 2023 as previously expected, according to a…
ECB faces backlash over green strategy ‘distraction’ from inflation fight
FRANKFURT -European Central Bank President Christine Lagarde faced a backlash in the European Parliament on Monday from conservative lawmakers criticising the ECB’s green strategy as a “distraction” from its duty to tame…
Analysis-‘Panic’-stricken ECB struggles to regain control of markets
By Francesco Canepa FRANKFURT – As guardians of stability in prices and financial markets, the last word central bankers want to be associated with is “panic”. Yet that is precisely the term…
Looking for that ‘ECB put’
A look at the day ahead in markets from Sujata Rao. “Gradual”, “data-dependent” – those were the words ECB President Christine Lagarde used to soften the hawkishness of her message last week.…
Euro zone firms see wages rising by 3% or more, ECB says
FRANKFURT – Euro zone companies expect wages to rise by 3% or more this year as workers demand to be compensated for inflation and it becomes more difficult to find staff such…
Lagarde comments at ECB press conference
FRANKFURT, Feb 3 – The European Central Bank kept policy unchanged as expected on Thursday, staying on track to provide copious stimulus this year even as inflation runs at a record high,…
Deutsche Bank advises clients to buy euros after ECB hawkish pivot
LONDON – Deutsche Bank closed its short trade on the euro and recommended clients to enter into a long euro/dollar trade on Thursday after the European Central Bank acknowledged the bloc’s inflationary…
Inflation stations: Five questions for the ECB
By Dhara Ranasinghe LONDON – Record euro area inflation rates mean price pressures will top the agenda for European Central Bank policymakers meeting on Thursday. No immediate policy action is expected since…
Analysis-‘Nimble’ Fed narrows normalisation window for timid ECB
By Balazs Koranyi FRANKFURT – A flurry of rate hikes by the U.S. Federal Reserve will complicate life for the European Central Bank over the coming year, even if their policymakers appear…
ECB kicks off climate stress test for banks
FRANKFURT – The European Central Bank launched a stress test on Thursday to assess how prepared banks are to deal with potential shocks stemming from climate risk, it said in a statement.…
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