The growth of the companies Euro zone stalled this month as the manufacturing recession deepened, and previously resilient activity in services barely grew, leaving the European Central Bank before a dilemma of monetary politics. The HCOB Composite Purchasing Managers’ Index (PMI) of the 20 countries sharing the euro, compiled by S&P Global and considered a […]
Tag: ECB
European Central Bank raises its interest rates by 0.25% for the eighth consecutive month
The European Central Bank (ECB) again raised the interest rates officials this Thursday in 0.25 points percentage. This is his eighth consecutive hike since he began to tighten monetary policy to deal with inflation. Thus, the Governing Council of the monetary authority has carried out the 4% main rate (the highest level since July 2008, […]
European Central Bank celebrates its 25th anniversary in the battle against inflation
In the middle of the battle against inflationhe European Central Bank (ECB) This Wednesday celebrates its first quarter of a century of an existence marked by the crises that forced it to extend its field of action. Some 200 guests are expected tonight in the steel and glass tower of the monetary institution located on […]
ECB: Brexit weighs on UK trade and labor market
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 […]
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
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 […]