ECB

Six candidates bid to replace ECB vice president de Guindos -Eurogroup

Six candidates have applied for the job of European Central Bank vice president to replace Spain's Luis de Guindos when his term expires at the end of May, and euro…

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Italy revises golden power rules to try to end spat with EU

Italy plans to revise its golden power rules designed to shield strategic assets, deferring its own review of major financial-sector M&A deals until the European Commission and European Central Bank…

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Spain and Germany gun for top job at European Central Bank

The starter’s gun is about to fire on the race to succeed Christine Lagarde as European Central Bank president in 2027, and two heavyweight countries who have never held the…

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ECB keeps interest rates unchanged as economy withstands trade shock

The European Central Bank left its key interest rate unchanged at 2 percent on Thursday, with the euro area economy still proving itself resilient and with inflation reasonably steady around…

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ECB policymakers pledge market stability but see big growth hit

The European Central Bank is ready to preserve financial stability in case of further market turmoil but the sector, including hedge funds, appears well prepared for the recent rout, ECB…

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ECB hopes Trump’s crypto plan will speed up digital euro

The European Central Bank hopes U.S. President Donald Trump's plan to support cryptocurrencies pegged to the U.S. dollar will speed up legislative backing for the digital euro, ECB board member…

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Europe Could Be a Big Loser in US-China Trade War, ECB Warns

European Central Bank interest rates have room to fall further as inflation moderates, ECB board member Piero Cipollone said, warning that the U.S. administration's trade war with China could have…

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Europe must prepare for new trade war with US, ECB officials warn

Protectionist policies from the incoming U.S. administration will hamper global growth and Europe must be better prepared than in 2018, European Central Bank policymakers warned on Tuesday. U.S. President-elect Donald…

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UPDATE: European Central Bank cuts interest rates

The European Central Bank cut interest rates again on Thursday and signalled a "declining path" for borrowing costs in the months ahead as inflation slows and economic growth in the…

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ECB keeps rates unchanged, September move “wide open”

The European Central Bank kept interest rates unchanged as expected on Thursday but said September's meeting was "wide open" as it downgraded its view of the euro zone's economic prospects…

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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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ECB needs to stop subsidizing banks, Holzmann says

By Balazs Koranyi and Francois Murphy The European Central Bank needs to stop subsidizing commercial banks and should cut interest payments on the piles of cash lenders got from the…

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ECB increasingly likely to cut rates before summer break, Nagel says

FRANKFURT, March 22 (Reuters) - The European Central Bank may be in a position to cut interest rates before the summer recess, possibly in June, as inflation is on its…

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ECB tells banks to prepare for new types of risk

FRANKFURT, March 21 (Reuters) - Euro zone banks must adjust how they manage risk as they face challenges from the end of ultra low interest rates to the emergence of…

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ECB cannot commit to rate path even after first cut, Lagarde says

By Balazs Koranyi and Francesco Canepa FRANKFURT, March 20 (Reuters) - The European Central Bank cannot commit to a pre-set number of interest rate cuts even after it starts reducing…

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ECB could start rate cuts in June, De Cos says

MADRID, March 17 (Reuters) - The European Central Bank could start cutting interest rates in June after a reduction in euro zone inflation, ECB policymaker Pablo Hernandez de Cos said…

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ECB started discussing rate cut, Rehn says

HELSINKI, March 15 (Reuters) - The European Central Bank council last week began a discussion on when to reduce interest rates, council member Olli Rehn said on Friday. "If inflation…

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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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ECB policymakers line up behind upcoming rate cut

FRANKFURT, March 8 (Reuters) - European Central Bank policymakers on Friday lined up in support of an interest rate cut in the coming months as inflation in the euro zone…

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ECB to hold rates and take baby steps towards first cut

ECB to keep policy at record 4% Lagarde seen paving ground for June rate cut Projections to show lower growth and inflation this year By Francesco Canepa and Balazs Koranyi…

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ECB reports record loss for 2023 as rate hikes bite

FRANKFURT, Feb 22 (Reuters) - The European Central Bank on Thursday reported a record annual loss for 2023 and said further losses were likely as its aggressive interest rate hikes…

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ECB needs more data but inflation going in right direction: Lagarde

FRANKFURT, Feb 15 (Reuters) - Euro zone economic data indicates that inflation is heading back towards target as earlier predicted but the European Central Bank still needs more information before…

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Italy’s ECB member sees time for rate cuts “fast approaching”

Addressing the Assiom Forex meeting in Genoa, ECB Governing Council member Fabio Panetta said the next monetary policy move had to reflect a situation in which disinflation is ongoing anda…

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ECB’s next move is a cut but policymakers spar on timing

FRANKFURT, Jan 29 (Reuters) - The European Central Bank's next move will be an interest rate cut but policymakers speaking on Monday spared on the exact timing of the move…

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ECB surveys sees lower inflation, weak growth

Jan 26 (Reuters) - Euro zone inflation could fall faster than expected this year as economic growth will remain anaemic, two key surveys published by the European Central Bank showed…

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Europe must not weaponize euro, ECB policymaker warns

RIGA, Jan 26 (Reuters) - The euro zone should not weaponize its own currency in a global conflict as that could ultimately undermine it, an influential European Central Bank policymaker…

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UPDATED: ECB keeps rates unchanged with not even a hint of rate cuts

No policy change likely for months Makes nuanced change in statement Markets see first rate cut in April or June ECB awaits key wage data before rate cuts By Balazs…

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ECB on track but job not done: Lagarde

Jan 17 (Reuters) - The European Central Bank is on track to get inflation back to its 2% target but victory has not yet been won, ECB President Christine Lagarde…

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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 cyber stress test will not affect capital requirements

FRANKFURT, Jan 3 (Reuters) - The European Central Bank's cyber resilience stress test in the coming months will not affect bank-specific capital requirements but instead form part of a broader…

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ECB rate cut bets premature, markets have eased too much – Slovenia’s Governor

The European Central Bank will need at least until spring before it can reassess its policy outlook and market expectations for an interest rate cut in March or April are…

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New ECB rating agency Scope puts greater weight on euro zone protection mechanisms

By Marc Jones Scope, Europe's first ECB-approved credit ratings agency, promises to put more weight on the euro zone's improved ability to navigate crises although it has concerns about Italy…

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Banks mask lending to polluters with PR greenwash, ECB blog says

FRANKFURT, Dec 6 (Reuters) - Euro zone banks talking the most about climate change are the biggest lenders to polluting industries and use public relations noise to mask their support,…

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ECB haunted by bond buys in Swedish property crisis

By John O'Donnell and Francesco Canepa FRANKFURT, Nov 30 (Reuters) - A debt crunch at Swedish property group SBB has left the European Central Bank at risk of losses and…

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Euro banknotes set to get a facelift, ECB says

FRANKFURT, Nov 30 (Reuters) - Euro banknotes are set to get a new design with themes focused on European culture, birds and rivers in an effort to make them more…

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ECB’s inflation fight progressing but not yet done: Lagarde

Euro zone inflation pressures are easing as expected but wage growth is still strong and the outlook is especially uncertain, so the European Central Bank's fight to contain price growth…

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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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Poor euro zone bank valuations seen a drag on credit growth: ECB

FRANKFURT, Nov 20 (Reuters) - Low valuations for euro zone bank stocks appear to reflect concerns about credit risk and shareholder payouts, likely weighing on future credit growth via stricter…

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ECB’s Lagarde says Europe needs single market watchdog in push for capital union

FRANKFURT, Nov 17 (Reuters) - Europe needs a capital markets union, including a single supervisor and trading infrastructure, to finance its digitalisation and green transition, European Central Bank (ECB) President…

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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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Euro zone inflation could tick up in coming months: Lagarde

FRANKFURT, Nov 10 (Reuters) - Euro zone inflation could tick up in the coming months but European Central Bank interest rates held at their current level for long enough could…

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ECB must keep rates at or near 4% through 2024 to get inflation down -IMF

FRANKFURT, Nov 8 (Reuters) - Rapid wage growth in the euro zone could keep inflation elevated longer and the European Central Bank should hold interest rates at or near record…

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ECB sees no consumption boom as rich have most of the savings

The euro zone is unlikely to see a new boom in consumption as savings accumulated during the COVID-19 pandemic are largely held by the richest households, the European Central Bank said in…

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ECB keeping up pressure on banks to loosen ties with Russia -Enria

FRANKFURT, Oct 30 (Reuters) - The European Central Bank has kept up pressure on banks to loosen ties with Russia but it knows that it is not easy to secure…

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ECB survey sees inflation back near target by 2025

FRANKFURT, Oct 27 (Reuters) - Euro zone inflation will have almost fallen back to the European Central Bank's 2% target in 2025, but economic growth will remain weak and at…

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ECB to hold rates but may discuss quicker bond run-off

By Balazs Koranyi and Francesco Canepa FRANKFURT, Oct 26 (Reuters) - The European Central Bank will keep interest rates unchanged at a record high on Thursday, snapping a 15-month streak…

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ECB starts preparation for digital euro in multi-year project

By Francesco Canepa FRANKFURT (Reuters) - The European Central Bank took a further step towards launching a digital version of the euro that would let people in the 20 countries…

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ECB can aim for soft landing for economy – Villeroy

MARRAKECH, Morocco, Oct 12 (Reuters) - The European Central Bank should aim to engineer a "soft landing" for the euro zone's economy, as long as it is confident that inflation…

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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’s De Guindos sees inflation slowing down, but urges caution given growing uncertainty

MADRID, Oct 9 (Reuters) - Inflation is expected to stay on its downward trend in the coming months, the European Central Bank's Vice-President Luis de Guindos said on Monday, but…

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ECB policies are taming inflation, but uncertainty persists-Herodotou

LIMASSOL, Cyprus, Oct 6 (Reuters) - The ECB's monetary policy transmission is working to tame inflation, though material uncertainty persists in the euro area, ECB policymaker Constantinos Herodotou said on…

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ECB looks to AI to better understand inflation after big misses

FRANKFURT, (Reuters) - The European Central Bank is looking at how artificial intelligence could help improve its understanding of inflation after underestimating price pressures for years and delaying the start…

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ECB approves Italy’s Cipollone as new board member

FRANKFURT (Reuters) - The European Central Bank's Governing Council has approved the appointment of Italy's Piero Cipollone as a member of the ECB's Executive Board, replacing Fabio Panetta. Cipollone, currently…

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ECB not necessarily done with rate hikes: Elderson

FRANKFURT, Sept 27 (Reuters) - Economic growth in the euro zone is more sluggish than the European Central Bank expected but the goal is to control inflation, so interest rates…

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Oil price spike does not change ECB’s view on inflation-Villeroy

PARIS, Sept 23 (Reuters) - Bank of France head Francois Villeroy de Galhau, a governing council member of the European Central Bank (ECB), said on Saturday that the spike in…

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ECB policymakers warn over stubborn inflation

FRANKFURT, Sept 21 (Reuters) - Euro zone inflation is stubbornly high with upside risks, so the European Central Bank's next move could still be a rate increase, policymakers said on…

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