|
Business
-
Economy
7/30/2023 8:44:28 PM
The European Central Bank could hike interest rates again or pause at its next meeting and any decision will depend on the latest data, president Christine Lagarde has said.
|
|
Business
-
Economy
6/28/2023 1:50:09 PM
Italian Prime Minister Giorgia Meloni on Wednesday criticised the European Central Bank's hiking of interest rates to fight inflation, warning "the cure risks proving more damaging than the disease".
|
|
Business
-
Economy
6/15/2023 4:52:23 PM
The European Central Bank on Thursday said eurozone inflation was still too elevated as it hiked interest rates for an eighth consecutive time to a two-decade high, despite a darkening economic outlook.
|
|
Business
-
Economy
6/12/2023 10:56:39 AM
The European Central Bank will almost certainly deliver another interest rate hike on Thursday, pressing ahead with its fight against inflation even as the eurozone slides into a recession.
|
|
Business
-
Economy
5/31/2023 2:50:15 PM
Easing inflation in key eurozone economies such as France and Spain is "positive" news, a senior European Central Bank official said Wednesday, but stressed it was too soon to declare victory.
|
|
Business
-
Markets & Companies
5/4/2023 3:53:58 PM
European stock markets slid Thursday after the Federal Reserve again hiked US interest rates to fight elevated inflation while hinting the next move could be a pause.
|
|
Business
-
Economy
4/25/2023 1:40:09 PM
In a sign fears about the global financial system have eased for now, major central banks are scaling back their offer of emergency dollar loans to banks, a crisis step launched after the collapse of Silicon Valley Bank in the U.S. fed fears about wider troubles.
|
|
Business
-
Economy
4/25/2023 10:16:44 AM
The European Central Bank's chief economist on Tuesday said it was 'not the right time' to end interest rate hikes, despite easing inflation in the eurozone.
|
|
Business
-
Economy
3/22/2023 1:38:40 PM
Recent financial turbulence could add to "downside risks" in the eurozone, European Central Bank chief Christine Lagarde warned Wednesday, while insisting policymakers remained focused on taming sky-high inflation.
|
|
Business
-
Economy
3/16/2023 4:03:12 PM
The European Central Bank on Thursday increased its projection for eurozone GDP growth this year to 1.0 percent due to falling energy prices and greater "resilience to the challenging international environment".
|
|
Business
-
Economy
3/8/2023 2:27:50 PM
European Central Bank (ECB) president Christine Lagarde said Wednesday she will do whatever it takes to bring down high inflation and restore price stability.
|
|
Business
-
Economy
2/1/2023 2:15:46 PM
Europe's inflation rate dipped at the start of the year, giving some relief to consumers but still leaving them facing higher prices that have driven protests and will likely press the European Central Bank into another interest rate hike Thursday.
|
|
Business
-
Economy
1/23/2023 10:12:03 PM
European Central Bank chief Christine Lagarde said Monday that interest rates need to continue rising at a "steady pace" in order to avoid inflation becoming entrenched.
|
|
Business
-
Economy
1/6/2023 2:48:50 PM
The eurozone annual inflation rate fell for a second month in a row, to 9.2 percent in December, the first drop into single digits since September, the EU statistics agency said Friday.
|
|
Business
-
Economy
12/15/2022 5:04:27 PM
The European Central Bank slowed its record pace of interest rate hikes only slightly Thursday, joining the U.S. Federal Reserve and other central banks around the world in reinforcing an inflation crackdown while glimpsing headway against the high prices that are plaguing consumers.
|
|
Business
-
Economy
11/18/2022 3:13:10 PM
Eurozone banks are set to pay back on Friday just under 300 billion euros ($311 billion) in cheap loans paid out by the European Central Bank, the institution said, as it looks to ease sky-high inflation.
|
|
Business
-
Economy
11/11/2022 3:20:36 PM
The EU warned Friday the eurozone was set to fall into recession this winter as Brussels hiked inflation forecasts for 2022 and 2023 on the back of high energy prices.
|
|
COP27
-
Sharm El-Sheikh
11/7/2022 3:07:28 PM
Speeding up the transition to renewable energy can limit the chances of painfully sharp price increases, European Central Bank President Christine Lagarde said Monday, as eurozone households come under pressure from soaring bills.
|
|
Business
-
Energy
10/4/2022 5:01:08 PM
The ECB's banking supervisor on Tuesday warned banks against easing capital requirements for energy suppliers and traders struggling with huge volatility in the sector, as this could enhance the vulnerability of financial institutions.
|
|
Business
-
Markets & Companies
8/30/2022 5:08:45 PM
Egypt's Chemical and Fertilisers Export Council, in cooperation with Export Council for Building Materials, Refractory & Metallurgy Industries (ECBM) and the Egyptian Trade Office in Nairobi, will organise a trade mission to Kenya 4-6 October.
|