He European Central Bank (ECB) considers that “Brexit has been a drag on UK trade and has contributed to a drop in job supply. In an article in their economic bulletin, published this Friday, economists from the ECB Katrin Forster-van Aerssen and Tajda Spital analyze recent developments in the UK’s trade and labor market almost […]
Tag: ECB
ECB policy tightening could raise delinquency levels: de Guindos
The vice president of ECBLuis de Guindos, told an Italian newspaper that the interest rate hikes by the European Central Bank are in their final stretch, while warning that the increase in the costs of loans could affect the quality of the bank assetsalthough the indicators remain positive. The ECB has raised rates by a […]
ECB raises its rate again and warns that there will be no “pause” in the fight against inflation
He European Central Bank (ECB) raised its rates on Thursday by 0.25 percentage points, a smaller increase than the previous ones, although it warned that there are still “a long way to go” to control inflation in the eurozone. “Based on the information available today, we still have a long way to go and there […]
Inflation in the euro area picked up one tenth in April to 7%
The rate of inflation The annual rate in the euro zone increased one tenth in April in relation to March, up to 7.0%, driven above all by the increases in food prices, according to the preliminary estimate released today by the Eurostat community statistics office. According to the report collected by EFE, the rate was […]
The ECB considers that the high earnings of companies could drag down inflation
Fabio Panettaa member of the Executive Board of the European Central Bank (ECB), suggested that high corporate profits could generate a greater effect on inflation than anticipated, even beyond what is recognized. In an interview with the New York Times, the official said there’s a lot of discussion around raising wages, but probably not enough […]
ECB increases its rates by 0.50 points despite banking turmoil
The European Central Bank (ECB) again increased its main interest rates by 0.50 percentage points this Thursday, to combat inflation, judging that the banks in the euro zone are solid and “resilient” despite the turbulence affecting the sector. However, the guardians of the euro were prudent and did not allude, as they had done up […]
ECB’s Holzmann calls for four more 50 basis point rate hikes
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The European Central Bank (ECB) should raise interest rates by 50 basis points at each of its next four meetings as inflation is proving stubborn, Austrian central bank chief Robert Holzmann told the German business daily. Handelsblatt. The ECB has raised rates three percentage points since July and has announced a 50 basis point hike […]
After a gloomy February, markets could experience the madness of March
Crazy March? After a euphoric January and a gloomy February, in which fixed income and equities plummeted as expectations of increases in interest ratesworld markets could undergo new oscillations. The 10-year US Treasury yield is about to end February up about 40 basis points for the month, its biggest monthly jump since September. In Europe, […]
ECB: Green debt purchases have little effect on pollution
purchases of green debt have little effect on eurozone and global pollution, according to a report from the European Central Bank (ECB)but they can accelerate investments in technologies for ecological transformation. In a study published Monday, ECB economists Alessandro Ferrari and Valerio Nispi Landi examine whether central bank purchases of green debt contribute to reducing […]
ECB and Fed differ on the final stretch of rate hikes, according to experts
The last decisions of European Central Bank (ECB) and of the Federal Reserve (Fed) of the United States reflect, according to experts, the divergences of both institutions in what they interpret as the final stretch of the tightening of their monetary policies to subdue inflation. The ECB executed its fifth rate hike (half a point) […]