European-Central-Bank | ABS-CBN News

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 »

From climate change to equality, Lagarde turns ECB more political

Balazs Koranyi, Francesco Canepa and Frank Siebelt, Reuters
Posted at Oct 26 05:13 PM

Since taking the helm a year ago, Christine Lagarde has turned the European Central Bank's attention to social issues like climate change and inequality, broadening its horizons but also opening it to attacks that could test its independence.   Read more »

ECB's Lagarde sets scene for Fed-like strategy overhaul

Francesco Canepa and Balazs Koranyi, Reuters
Posted at Oct 01 09:06 AM

European Central Bank President Christine Lagarde set the scene on Wednesday for a change of strategy that could align the ECB with the U.S. Federal Reserve, possibly including a commitment to let inflation overshoot after it has been low for too long.  Read more »

ECB 'ready to act' on strong euro: board member

Jean-Philippe Lacour, Agence France-Presse
Posted at Sep 16 09:54 PM

The European Central Bank is "ready to act" to rein in the euro as it rises against the dollar, a member of the ECB's executive board told AFP. Read more »

Spectres of deflation, virus haunt ECB meeting

Ed Frankl, Agence France-Presse
Posted at Sep 07 05:16 PM

The European Central Bank is expected Thursday to prepare the ground for new stimulus measures, armed with a new set of economic forecasts and amid signs of a resurgence of the coronavirus pandemic. Read more »