Philip Lane, chief economist of the European Central Bank. Bloomberg | Bloomberg | Getty Images Philip Lane, chief economist at the European Central Bank, said the Frankfurt institution will have to remain vigilant in the coming months with the prospect of inflation continuing to climb, in addition to the risk of a consumer-led slowdown in … Read more
European Central Bank president Christine Lagarde said the central bank could raise interest rates more quickly if necessary. Handout | Getty Images News | Getty Images European Central Bank president Christine Lagarde on Tuesday brushed aside concerns about a recession in the eurozone and also said her team is ready to raise interest rates more … Read more
Stock Markets Today: Ukraine, EU, Powell, Fed, Soft Landing, UK, Consumer, TaxBloombergSee full coverage on Google News
The European Central Bank announced an unscheduled monetary policy meeting on Wednesday, at a time when bond yields are rising for many euro-zone governments. “They will have an ad hoc meeting to discuss current market conditions,” a central bank spokesman told CNBC. Borrowing costs for many governments have risen sharply in recent days. In fact, … Read more
Italian borrowing costs are rising at a time when consumers are more concerned about the cost of living. Stefano Guidi | Getty Images News | Getty Images A measure known as Europe’s fear meter has reached its highest level since the coronavirus outbreak, in what could spell further economic pain for Italy in particular. The … Read more
Gold is the ‘anti-dollar’, the US could be dethroned if global superpower Willem Middelkoop warnsStansberry research
Christine Lagarde, President of the European Central Bank, seen during a panel session at the World Economic Forum in Davos, Switzerland, on Wednesday, May 25, 2022. Bloomberg | Bloomberg | Getty Images The European Central Bank is expected on Thursday to confirm its intention to raise interest rates next month as interest raters meet in … Read more
Christine Lagarde, President of the European Central Bank, seen during a panel session at the World Economic Forum in Davos, Switzerland, on Wednesday, May 25, 2022. Bloomberg | Bloomberg | Getty Images The European Central Bank is expected on Thursday to confirm its intention to raise interest rates next month as interest raters meet in … Read more
FRANKFURT – The European Central Bank is likely to raise its key interest rate, which is currently negative, to zero by September and may continue to raise interest rates thereafter, chairman Christine Lagarde thus the end of the ECB’s eight-year experiment with negative rates amid record high inflation and concerns about the weakness of the … Read more
Eurozone inflation remains well above the ECB’s target as energy and food prices skyrocket. Bloomberg | Bloomberg | Getty Images Eurozone inflation has hit a record high for the sixth straight month, raising new questions about how the European Central Bank will respond. Overall inflation in the 19-member region reached 7.5% in April, according to … Read more