european-central-bank | ABS-CBN News

2023 economy will be 'a lot better than feared': Lagarde

Agence France-Presse
Posted at Jan 19 10:36 PM

The eurozone economy will fare "a lot better" this year than initially feared, European Central Bank chief Christine Lagarde said Thursday. Read more »

ECB unveils another jumbo rate hike to tackle inflation

Michelle Fitzpatrick, Agence France-Presse
Posted at Oct 27 09:25 PM

The European Central Bank on Thursday rolled out another bumper rate hike to combat soaring inflation, despite growing concern that the eurozone is hurtling towards a painful recession. Read more »

ECB again eyes jumbo rate hike to tame inflation

Michelle Fitzpatrick, Agence France-Presse
Posted at Oct 24 02:10 PM

Inflation in the 19-nation eurozone climbed to an all-time high of nearly 10 percent in September, five times the ECB's target of two percent. Read more »

Australia hikes rates less than forecast, boosting stocks

Agence France-Presse
Posted at Oct 04 02:59 PM

Australia raised interest rates less than expected Tuesday, boosting stocks and dragging the local dollar lower. Read more »

Euro slides as Fed chief steals ECB's rate hike thunder

Agence France-Presse
Posted at Sep 09 08:37 AM

The euro slid on Thursday against the dollar despite a record interest rate hike by the European Central Bank as Federal Reserve chief Jerome Powell also signaled a tough approach against inflation. Read more »

ECB makes historic rate hike to battle record inflation

Sebastien Ash, Agence France-Presse
Updated as of Sep 08 10:05 PM

The European Central Bank announced the largest rate hike in its history Thursday, as runaway energy prices drove eurozone inflation to new heights. Read more »

ECB poised for big rate hike in face of record inflation

Sebastien Ash, Agence France-Presse
Posted at Sep 05 07:16 PM

After raising interest rates for the first time in over a decade at their last meeting, European Central Bank policymakers are poised to deliver another bumper hike. Read more »

ECB surprises with aggressive rate hike, first since 2011

Sebastien Ash, Agence France-Presse
Posted at Jul 21 10:09 PM

The European Central Bank brought an end to the era of negative interest rates in the eurozone, with a bigger than expected half-point hike as inflation soars. Read more »

Euro up as Russian gas returns, stocks waver ahead of ECB decision

Agence France-Presse
Posted at Jul 21 07:50 PM

The euro gained ground against the dollar after Russia resumed gas supplies to Europe but stock markets were twitchy ahead of an ECB policy meeting. Read more »

Euro jumps 1 percent against dollar awaiting ECB rate hike

Agence France-Presse
Posted at Jul 19 08:29 PM

The euro jumped more than one percent against the dollar Tuesday, as traders mull whether the European Central Bank could hike interest rates more than expected. Read more »

Central bank chiefs meet to discuss inflation challenge

Agence France-Presse
Posted at Jun 27 03:46 PM

Central bank chiefs and economists gather Monday evening to discuss the best approach to the inflationary challenges exacerbated by Russia's invasion of Ukraine. Read more »

Europe stocks tank as central banks fail to quell recession fears

Agence France-Presse
Posted at Jun 16 10:01 PM

European stock markets tumbled Thursday on fears of recession, despite central bank efforts to tame soaring inflation. Read more »

ECB to end stimulus in prelude to rate hikes

Sebastien Ash, Agence France-Presse
Posted at Jun 06 12:19 PM

The European Central Bank is set to draw a line under its massive bond-buying stimulus program at a meeting in Amsterdam on Thursday, as inflation in the eurozone soars to all-time highs. Read more »

ECB sees increased risks to financial stability from Ukraine war

Agence France-Presse
Posted at May 25 08:02 PM

Russia's invasion of Ukraine has put financial markets under renewed stress by driving up prices and impeding growth, the European Central Bank said. Read more »

ECB signals rate hike as soon as July to combat inflation

Sebastien Ash, Agence France-Presse
Posted at May 11 09:04 PM

European Central Bank chief Christine Lagarde hinted Wednesday at a first interest rate hike in July to tackle soaring inflation Read more »

Europe braces for economic hit from Ukraine conflict

Mark John, Reuters
Posted at Feb 24 08:14 PM

Russia's invasion of Ukraine and how the world reacts could have wide-ranging repercussions for the European economy. Read more »

Gas supply shock would cut value of Europe's economy, ECB says

Reuters
Posted at Feb 15 06:03 PM

A negative shock from any gas supply disruption would eat into the value of goods and services produced in the euro zone, the European Central Bank said. Read more »

ECB keeps cheap money taps open to hit new inflation goal

Michelle Fitzpatrick, Agence France-Presse
Posted at Jul 22 09:33 PM

The European Central Bank kept its vast stimulus for the eurozone in place Thursday, signaling ongoing support was needed to reach its newly revised, higher inflation target. Read more »

Asian shares shake off US tax fears; cryptocurrencies slump

Andrew Galbraith, Reuters
Posted at Apr 23 03:33 PM

Modest moves in equities markets contrasted with ructions in cryptocurrencies as investors fretted over the impact of tax changes.   Read more »

Hit by pandemic, eurozone sees ghost of the debt crisis

Alex Pigman, Agence France-Presse
Posted at Jan 19 09:41 AM

European governments fear the Covid-19 pandemic will punish the most fragile economies the hardest, widening gaps between EU member states and reviving memories of the eurozone debt crisis. Read more »