FRANKFURT (Reuters) – The European Central Bank will keep raising borrowing costs until it sees core inflation decline sustainably, ECB board member Isabel Schnabel said on Tuesday, adding market expectations for rate…
LUXEMBOURG (Reuters) – Euro zone inflation is set to go higher and price growth is likely to be more persistent than earlier thought, European Central Bank board member Isabel Schnabel said on…
FRANKFURT (Reuters) – The euro zone is facing an economic downturn but inflation is still far too high, so interest rates need to keep going up, European Central Bank board member Isabel…
FRANKFURT -The European Central Bank will fight any “disorderly” blowout in the borrowing costs of more indebted euro zone nations, but its response should be tailored and there is no need to…
FRANKFURT -The European Central Bank may need to raise interest rates as soon as July to stop “extremely high” inflation from getting entrenched, ECB board member Isabel Schnabel told German newspaper Handelsblatt…
By Francesco Zecchini CERNOBBIO, Italy – The European Central Bank plans to raise interest rates some time after winding down its bond purchase programme in the third quarter of this year, ECB…