European central bank
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The ECB raises interest rates to a record high
Growth outlook continues to deteriorate The European Central Bank (ECB) has decided to raise interest rates again by a quarter…
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ECB to tighten monitoring of banks’ liquidity
The European Central Bank (ECB) has announced it wants to monitor the liquidity of banks in the eurozone more frequently…
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IMF head points to 2025 for interest rate cuts
If central banks move back on interest rates prematurely, ‘inflation may become problem for growth’ for longer period, Georgieva says…
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Global central banks will return to weekly swap lines
It has been reported that major central banks will hold dollar funding auctions weekly instead of daily as of May…
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S&P Global revises down eurozone growth forecast for 2024
Euro area’s gross domestic product projected to rise 1% next year; single currency zone not expected to return to its…
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Oil prices slightly rise as traders cash in on low prices
Fears of global economic recession, low demand dominate market after US bank failures, interest rate hike of European Central Bank…
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European Central Bank hikes policy rate by 50 basis points
ECB expects inflation to remain ‘too high for too long’ The European Central Bank increased its policy rate by 50…
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Fitch revises up 2023 global growth forecast to 2%
Ratings agency, however, lowers growth estimate for 2024 to 2.4% from 2.7% due to ‘lagged impact’ of rapid rate hikes…
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European stock markets open lower
After the opening, the Stoxx Europe 600 indicator index decreased by 0.55% to 459.8 points, and the DAX 40 index…
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Economists raised inflation forecast for Eurozone again this year
Respondents to the European Central Bank’s (ECB) Professional Forecasters Survey have again raised their inflation expectations for this year. The…
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