Germany's economic outlook received an unexpected boost in December, thanks to growing confidence that the European Central Bank (ECB) may soon cut interest rates as inflation continues to drop. According…
(ECB) The European Central Bank has said it will accelerate the design of a new anti-fragmentation instrument to address borrowing costs in weaker economies. In a statement following the conclusion…
(Bloomberg) The Stoxx Europe 600 rose almost 1% on Wednesday as most other indexes gained amid speculations that ECB’s emergency meeting would address selloffs. The European Central Bank announced an…
(ECB) The European Central bank will begin policy tightening with an increase in interest rates by a quarter percentage point in July. ECB cited price pressures as the concern, with…
(ECB) The European Central Bank President Christine Lagarde says the monetary authority will lift the negative interest rates to zero by the end of September. Lagarde says that the move…
(ECB) EU’s July 21-22 meeting has revealed that the central bank projects the economic activity to return to the pre-crisis level in the first quarter of 2022. ECB cites improving…
(ECB) The European Central Bank has recognized the growing uncertainty from Covid-19 strains, voting to keep rates at present or lower levels until the 2% inflation target is reached. The…
(Bloomberg) ECB President Christine Lagarde expects restrictions on dividend payouts and share buybacks imposed on European banks to end in September. Lagarde’s statement signals a return to normalcy that could…
European Central Bank Vice-President Luis de Guindos expects the Eurozone growth to be negative in the fourth quarter, according to Reuters. The negative growth is attributed to fresh restrictions imposed…
Economic activity as of 10th September 2020 in the euro area remained strong in line with the previous expectations, according to ECB press release. Manufacturing improving, but slowdowns in service…
European Central Bank (ECB) officials are working on a plan to sell hundreds of billions of euros of bank loans in an Amazon-like website, according to a press release. The…
ECB has purchased bonds worth €2.285T in the public sector purchase program (PSPP, QE) compared to the prior week’s €2.280T, as published by ECB. _____________________________________________________________________ The total Asset-Backed Security purchases…