The Frenchwoman has reached the middle of her presidency after carrying out the largest rate increase in history and making some errors in communication
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
European Union leaders are playing down the risk of a banking crisis developing from recent global financial turmoil and hitting an already weak economy
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
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
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
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
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