ECB

ECB set to cut rates as Europe eyes Trump tariffs

The European Central Bank (ECB) is set to cut interest rates on Thursday, likely by 0.25 percentage points to 2.75%, with hints of further easing amid uncertainty over U.S. President…

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ECB warns against high levels of public debt

The European Central Bank has warned that the European countries' inability to continue reducing their public debt makes them susceptible to negative impacts from geopolitical tensions and persistently high interest…

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‘Plausible’ June rate cut as European equities hit record highs

According to Euronews, the latest minutes from the European Central Bank meeting indicated a rising chance for easing monetary policy in June. While a majority support maintaining current rates. The…

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Euro zone banks should consider using profits to fix IT, says ECB

Euro zone banks should consider using their current, high profits to fix issues such as shortcomings in their digital infrastructure, the European Central Bank's chief supervisor Claudia Buch said on…

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Euro zone lending stagnates as recovery remains elusive – ECB

Bank lending to companies and households in the euro zone stagnated last month, indicating the bloc's long-awaited economic recovery has yet to gain traction, European Central Bank data showed on…

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Europe’s property boom lowered inequality, ECB says

Wealth inequality declined in the euro zone over the past five years, confounding some expectations, as a large middle class with widespread property ownership benefited from a house price boom,…

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ECB’s Lagarde warns against premature inflation celebration

The European Central Bank has time now to assess how inflation unfolds after a record string of rate hikes but victory has not yet been won and bets based on short term…

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ECB should shed half its bonds and then buy some more -staff paper

The European Central Bank should halve its stock of bonds by mid-2026 before resuming purchases to underpin banks' lending to the economy, according to a paper by top ECB staff.…

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EU loophole lets banks dodge ECB’s crypto supervision, needs fixing -Enria

EU rules to protect the financial system from risks stemming from cryptocurrencies contain a loophole that allows banks to circumvent some safeguards and should be fixed urgently, the European Central Bank's chief…

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Euro zone should not ease bank buffers, ECB says

Euro zone economic growth will remain weak in the near term as services and the labour market weaken but nations in the bloc should not free discretionary bank buffers to…

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ECB hawks take aim at rate cut bets for first half of 2024

Two European Central Bank policymakers pushed back on Monday against market bets that the ECB will start cutting interest rates in the first half of next year and undo some…

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ECB has long road on disinflation but in a good place now: Dutch Governor

The European Central Bank has made "important progress" in getting inflation back down to target but there is still a long road ahead and a further rate hike cannot be…

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ECB to write to Italy raising objections over windfall tax on banks – press

The European Central Bank (ECB) is preparing to send a letter to Italy raising objections about the government's windfall tax on banks' profits, the Corriere della Sera daily wrote on…

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ECB to raise interest rates for ninth time in a row

The European Central Bank will raise interest rates for the ninth time in a row on Thursday and keep the door open to further moves as persistent inflation and growing…

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Italy says ECB war against inflation will hit growth

Interest rate rises set by the European Central Bank (ECB) to curb inflation will take their toll in terms of lower economic growth, Economy Minister Giancarlo Giorgetti said on Monday.…

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ECB to raise rates further even as economy stutters

The European Central Bank is all but certain to raise borrowing costs to their highest level in 22 years on Thursday and leave the door open to more hikes, extending…

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Euro zone banks slowed lending further in March, ECB says

Bank lending to euro zone companies and households slowed again in March as higher interest rates and an uncertain economic outlook appeared to put a dampener on credit, European Central Bank data…

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ECB should keep raising rates until mid-2024, EU must tighten fiscal policy -IMF

The International Monetary Fund called on the European Central Bank on Friday to keep raising interest rates until the middle of 2024 and on European Union finance ministers to tighten fiscal policy…

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Lagarde says ECB ready to help banks but sector is ‘resilient’

The European Central Bank remains ready to support euro zone banks with loans if needed, ECB President Christine Lagarde told MEPs, as she reiterated earlier assurances after the Swiss-brokered rescue…

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ECB survey sees moderating inflation, rising wage expectations

Inflation expectations among euro zone consumers dropped in January but expectations for wage growth continued to rise, adding to fears wage growth will slow efforts to control prices, a European…

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ECB must avoid unnecessary rise in real interest rates – Bank of Italy Governor

The European Central Bank (ECB) must avoid pushing real interest rates too high, given the level of private and public debt in the euro area, a top Italian policymaker said on Saturday. ECB Governing…

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ECB’s Centeno: we are approaching the end of the interest rate rise process

LISBON, Jan 10 (Reuters) - European Central Bank's governing council member Mario Centeno said on Tuesday the current process of interest rate increases is approaching its end. The central banker, who was…

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ECB must step up efforts to ‘green’ monetary policy, board member says

The European Central Bank must adjust its monetary policy to make it more climate-friendly, even as it shrinks its bloated balance sheet to fight runaway inflation in the euro zone, ECB board…

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ECB says inflation hasn’t peaked, may surprise

Euro zone inflation has not peaked and it risks turning out even higher than currently expected, European Central Bank President Christine Lagarde said on Monday, hinting at a series of…

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Euro zone banks could take big hit from inflation income drain, ECB says

Euro zone banks may see a surge in soured loans as rapid inflation and rising interest rates hit household incomes, particularly among the bloc's poorest, the European Central Bank said…

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ECB will probably keep raising rates beyond 2% level – Villeroy

The European Central Bank (ECB) will probably continue to raise interest rates beyond 2%, but "jumbo" rate hikes will not become a new habit, France's central bank chief said in…

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ECB must keep raising rates even if recession risks rise, Lagarde says

The European Central Bank must keep raising interest rates to fight off inflation, even if the probability of a euro zone recession has increased, ECB President Christine Lagarde said in an interview…

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ECB boss pledges to MEPs to fight inflation and restore confidence

Members of the European Parliament voiced concerns about rising energy and food prices, and mortgage rates during a hearing with European Central Bank President Christine Lagarde. MEPs in the Economic…

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ECB’s Schnabel sees risk of higher inflation: report

Euro zone inflation will be higher next year than previously thought and there is a risk that price growth could stay above the ECB's target in the medium term, European Central Bank board…

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Euro zone banks left flying solo by new glitch in ECB payment system

Several euro zone commercial and central banks were left flying solo by a new glitch in the European Central Bank's payment system late on Monday as they lost access to their online…

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ECB policymakers at odds on inflation strategy, hope for September deal – sources

European Central Bank (ECB) policymakers are still some way apart on their new inflation strategy but hope to reach an agreement before debating the future of their pandemic-fighting programme in…

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ECB wants veto power on stablecoins in the euro zone

The European Central Bank wants veto power on the launch of stablecoins such as Facebook's Diem in the euro zone and a greater role in their supervision, it has told European Union lawmakers. Central…

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ECB to stress test 38 euro area banks as part of the 2021 EU-wide stress test

he European Central Bank (ECB) will examine 38 significant euro area banks as part of the 2021 EU-wide stress test coordinated by the European Banking Authority (EBA). In line with the…

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Italian PM’s closest aid says ECB should consider wiping out pandemic debt

The European Central Bank should consider cancelling out or holding forever the government debt it buys during the current crisis to help nations recover and restructure, a top Italian government…

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Euro zone corporate vulnerability at levels seen in debt crisis: ECB

Euro zone firms are increasingly vulnerable amid a pandemic-induced recession but public support, including cheap cash from the European Central Bank, have limited the damage so far, a new ECB…

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ECB’s Weidmann calls on central banks to address climate-related financial risks

Bundesbank President Jens Weidmann on Thursday called on the Eurosystem, which includes the European Central Bank (ECB) and the euro zone's 19 central banks, to consider climate-related financial risks before…

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UPDATED: Presenting gloomy outlook, Lagarde calls for unlocking EU aid

European Central Bank President Christine Lagarde called on European Union leaders on Thursday to end a potentially damaging budget impasse and unlock aid for a region that is facing a…

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ECB could live with some inflation overshoot to help employment: Rehn

The European Central Bank should follow the U.S. Federal Reserve in putting more emphasis on welfare when it's setting policy, even if that would mean inflation exceeded its target temporarily,…

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ECB is watching out for pandemic-induced credit crunch

The European Central Bank is watching out for signs of a credit crunch as banks see their profits wiped out by the coronavirus pandemic and brace for a wave of…

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Renew Europe MEPs react to Eurogroup’s male-only list of candidates to ECB Board

Renew Europe deplores the decision made by the Eurogroup to present, once again, a male-only shortlist of candidates for the position of new member of the ECB's executive board and…

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ECB urged to prepare to issue a digital euro

The European Central Bank must prepare to issue a digital euro to complement banknotes "if and when" it becomes necessary, ECB board member Fabio Panetta said on Friday. Major central…

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ECB plans more intrusive checks on bank directors

The European Central Bank plans stricter and more intrusive checks on the suitability of bank directors, hoping to close national loopholes, ECB board member Yves Mersch said in an editorial…

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ECB’s Visco says euro’s strength is a worry

A recent strengthening in the euro's exchange rate is a worry and will warrant a reaction from the European Central Bank if it drags inflation farther away from its goal,…

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Slovenia, Netherlands to compete for ECB board job

Frank Elderson of the Netherlands and Bostjan Jazbec of Slovenia were the only two candidates put forward by their respective countries as candidates to succeed Yves Mersch at the executive…

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ECB Bulletin warns Euro zone unemployment will continue to rise

Unemployment will continue to rise in the euro zone and there is little upside in demand for consumer goods even as the economy recovers from an unprecedented recession, the European…

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ECB’s Visco says efficient public administration in Italy more important than state lender

European Central Bank governing council member Ignazio Visco said on Wednesday Italy would benefit more from reforms to its public administration than from the creation of a large public lender…

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ECB to supervise five Bulgarian, eight Croatian banks

The European Central Bank will take direct supervision of five banks in Bulgaria and eight in Croatia, countries that have both applied to join the euro zone, it said in…

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ECB may set stage for more stimulus measures

The European Central Bank is all but certain to keep policy unchanged on Thursday but with the economic recovery losing momentum and a strong euro dampening already-anaemic inflation expectations, it…

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Climate change bigger economic risk than pandemic, ECB’s Schnabel says

The coronavirus pandemic demonstrates in the clearest terms why central banks must take a bigger role in fighting climate change even if the issue at first appears unrelated to monetary…

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ECB calls on Croatia, Bulgaria to do more before joining euro

Bulgaria and Croatia still have work to do in fixing their economies and improving their institutions before joining the euro, European Central Bank board member Fabio Panetta said today. The reforms undertaken…

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COVID-19 and German constitutional court decision top meeting with ECB’s Lagarde

MEPs quizzed ECB President Christine Lagarde for the first time since the pandemic and the German constitutional court’s ruling on the ECB’s bondbuying programme. During the quarterly ‘Monetary Dialogue’ with…

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ECB to decide on further stimulus to eurozone today

The European Central Bank is certain to give the ailing euro zone economy another shot in the arm and the only question is the timing, with arguments split between a move later…

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German court rules ECB bond-buying programme as legal, wants re-assurances on cost-benefit analysis

Germany’s top constitutional court has ruled the European Central Bank's vast debt purchasing programme as legal, but ordered the German Government to ensure that the ECB has carried out a…

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ECB could increase size of bond-buying programme if crisis persists – Lagarde

European Central Bank President Christine Lagarde announced that the Bank would be ready to increase its planned €750 billion bond-buying programme to support European economies in the current economic crisis…

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ECB launches emergency €750bn coronavirus package

The European Central Bank (ECB) has launched an emergency €750bn package to ease the impact of the coronavirus pandemic. It will buy government and company debt across the eurozone, including…

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ECB’s Lagarde Warns of 2008-Style Crisis Unless Europe Acts

European Central Bank President Christine Lagarde said Europe risks a major economic shock echoing the global financial crisis unless leaders act urgently on the coronavirus outbreak, and signaled that her…

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Lagarde discusses the European Central Bank’s policy revamp with MEPs

ECB President Christine Lagarde, on Thursday fielded questions from the Economic and Monetary Affairs Committee on the review of the bank’s monetary policy. In her opening remarks, Ms Lagarde set…

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