Players in European swaps markets are increasing their bets that the European Central Bank (ECB) will cut its 4-percent interest rate in March and follow it with as many as five additional cuts in 2024, according to the Financial Times.
Tag: European Central Bank
SO FAR, JOBS ARE SAFE FROM AI BUT WAGES AREN’T, ECB SAYS
To date, the widespread adoption of AI by European businesses has created more jobs than it has eliminated, especially for younger workers, a study by the European Central Bank (ECB) has found.
EUROPE’S INTEREST RATES WILL STAY HIGH, CENTRAL BANKS SAY
Top-line inflation in Europe is easing, but central bankers are warning they do not expect to cut interest rates any time soon.
EUROPEAN CENTRAL BANK FREEZES INTEREST RATE
At its meeting on 26 October, the governing council of the European Central Bank (ECB) ended its streak of 10 consecutive interest rate hikes, leaving its deposit rate at 4 percent, its highest since the euro currency was launched on 1 January, 1999.
TOP TREND 2022, DRAGFLATION: EU WRESTLES WITH HIGH PRICES, SLOW GROWTH
Inflation in the Eurozone is stuck at too high a level and wage growth is keeping upward pressure on prices, Christine Lagarde, president of the European Central Bank (ECB), said in a speech last week at the annual meeting of the International Monetary Fund in Morocco.
EUROPEAN CENTRAL BANK BEGINS TINKERING WITH AI
The European Central Bank (ECB) has begun thinking about how it might use AI to interpret inflation’s dynamics more accurately and to supervise commercial banks, The New York Times reported.
ECB RATE HAWKS HOLD OUT FOR ANOTHER INCREASE IN DECEMBER
The European Central Bank’s (ECB’s) decision last week to signal that its interest rate may now have peaked was not unanimous.
EUROPEAN CENTRAL BANK RAISES INTEREST RATE TO RECORD HIGH
On 14 September, the European Central Bank (ECB) raised its key interest rate for the 10th time in as many meetings, bumping it by a quarter point to an even 4 percent, the highest since the euro currency was introduced in 1999.
FALLING INFLATION RAISES HOPE THAT ECB WILL PAUSE RATE HIKES
Slowing inflation in the Eurozone’s two largest economies have raised hopes that the European Central Bank (ECB) will not raise interest rates again when it meets in September after it raised its key rate by another quarter point on 27 July.
ECB MUST CONTINUE TO RAISE INTEREST RATES
The European Central Bank (ECB) should continue to raise interest rates into the future, bank president Christine Lagarde said in a 27 June statement at a financial conference in Portugal.