European Central Bank keeps key interest rate at a record. Inflation is down, so when will it cut?
Market predictions for an ECB rate cut as soon as April have faded, and expectations among analysts have shifted toward a first trim in June
Who will cut interest rates first: the Fed or the ECB?
Expectations for reductions have significantly cooled, but capital markets project the European Central Bank to act first and more aggressively throughout the year
Financial markets are jonesing for interest rate cuts. Not so fast, says the European Central Bank
The bank left its benchmark rate unchanged at a record-high 4% and Lagarde said risks for higher inflation ‘include the heightened geopolitical tensions, especially in the Middle East’
US and Europe heading towards the coveted ‘soft landing’ with resilient economies
Despite sharp interest rate hikes, both are defying the gloomy forecasts of many economic analysts
European Central Bank keeps its key interest rate at a record high. Now, when will it cut?
The ECB gave away little about its future moves after keeping its benchmark rate at 4%, reiterating that it will make decisions based on the latest information on how the economy is doing
Lagarde: From negative rates to a heavy hand in just the first half of her term as president of the European Central Bank
The Frenchwoman has reached the middle of her presidency after carrying out the largest rate increase in history and making some errors in communication
The war between Israel and Hamas fuels doubts about the world economy
The IMF warns of the danger of a spike in inflation if the conflict persists, and the US admits that the crisis raises ‘additional concerns’
The yield on US and European debt soars due to aggressiveness of central banks
The return on the U.S. Treasury bond reaches nearly 5%, its highest level since 2007, while the German bond hovers close to 3%, unseen since 2011
Interest rates will stay high ‘as long as necessary,’ the European Central Bank’s leader says
The ECB last week raised its benchmark deposit rate to an all-time high of 4% after a record pace of increases
Why are central banks insisting on a 2% inflation target, a percentage that was born in New Zealand?
Inflation expectations are still high despite the squeeze on monetary policy. A target of 3% would be more in line with the economic reality left by the pandemic and climate change, but it is not possible right now
The European Central Bank prescribes pain
Since mid-2022, there have been 10 straight interest rate hikes; the most recent one is unnecessary and beyond questionable
The global battle against inflation drags on
Central bankers prepare to keep interest rates high for longer than expected
European Central Bank hikes interest rates to combat inflation and leaves door open to more
ECB President Christine Lagarde said the bank’s next moves would be determined by what the data — including inflation and job numbers — will show
Federal Reserve minutes: Some officials wanted to raise interest rates last month
In the end, the 11 voting members of the Fed’s interest-rate setting committee agreed unanimously to skip a hike after 10 straight increases
European Central Bank raises interest rates but slows pace
Like the Federal Reserve has done, the ECB is stepping back from a string of jumbo hikes aimed at snuffing out inflation
EU leaders play down bank risks as economy weakens
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European Union leaders are playing down the risk of a banking crisis developing from recent global financial turmoil and hitting an already weak economy
Fed’s unwanted ally in bid to tame inflation: Credit crunch
The upheaval in the financial system that’s followed the collapse of two major U.S. banks is raising the likelihood that lending standards will become sharply more restrictive
How the Credit Suisse takeover could further restrict lending
Investors who held bonds known as CoCos were wiped out in the sale to UBS, triggering fears that banks will find it harder to borrow and in turn tighten credit
Federal Reserve prepares to raise rates in the middle of a financial storm
Most analysts expect a rise of 25 basis points to reach 4.75%-5% despite the turmoil triggered by the collapse of Silicon Valley Bank
Lagarde or the end of sacrilege
After sticking to its half-a-point interest rate hike, the ECB has left further rises up in the air in case the banking turmoil persists or deepens. This is exactly the message that the markets needed
Credit Suisse shares soar after central bank aid announced
Credit Suisse said Thursday that it would exercise an option to borrow up to 50 billion francs ($53.7 billion) from the Swiss National Bank
Markets wait for ECB chief Lagarde to appease financial panic in the euro zone
Following the Credit Suisse crisis, analysts are divided on whether the central bank will follow through on plans to raise rates by 0.5 points or reduce it to 0.25
A team for Europe that does not excite
The back-room method of choosing the candidates for the top European Union jobs has produced a list of names that prompt little enthusiasm, but could still produce some surprises