The financial market recently witnessed the euro gaining value on the US dollar. A major reason behind the movement came after the ECB (European Central Bank) meeting about the euro’s GDP figures. The...
Tag: ECB
ECB credibility not so robust as rates hiked by 75 bps
In a “major step” the European Central Bank’s Governing Council, unanimously decided to raise its three key interest rates by 75 bps earlier today. Responding to historic levels of consumer inflation ...
ECB Rate Hike Means Recession Looms, Oil Bull Running On Fumes
ECB raises its main overnight lending rate to 1.25% from 0.5% on Thursday. It has a long way to go … [+] if it wants to fight 8.9% inflation in Western Europe. (Photo by Hannelore Foerster/Getty...
Bitcoin Flat at $19K as ECB Raises Interest Rates by 75 Basis Points
In an attempt to fight the galloping inflation, the European Central Bank, similar to its counterparty overseas, raised the key interest rates by 75 basis points. Unlike the Fed’s interest rate hikes,...
ECB raises rates by 75 bps but expects to avoid recession
Euronext NV is keeping flat on Thursday even after the European Central Bank lifted its key interest rates by 75 basis points. Further rate hikes are expected Last week, consumer prices were reported ...
European Central Bank Follows The Fed, Raising Rates 75 Basis Points
FRANKFURT AM MAIN, GERMANY – President of the European Central Bank Christine Lagarde announced a … [+] 75bps rise in European interest rates to combat inflation (Photo by Ronald Wittek &#...
4 takeaways after the ECB hiked policy rates by 75bp for the second time ever
The European Central Bank (ECB) hiked policy rates today by 75bp – the second time on record. In doing so, the central bank is frontloading rates ahead of challenging times ahead. During the press con...
ECB Hikes Interest Rate 75 Basis Points as Inflation Hits
As such, the ECB’s latest move demonstrates that global liquidity tightening is in full swing, which weakens the case for bullish revival in risk assets, including cryptocurrencies. Later this m...
Bitcoin holds steady as ECB implements 75 bps rate hike
Crypto market leader Bitcoin continued trading flat after the European Central Bank (ECB) announced a 75 basis point hike on Thursday. Source: BTCUSDT on TradingView.com At the end of August, Eurozone...
Is the DAX index a safe buy after the ECB jumbo rate hike?
The DAX index pulled back on Thursday after the latest interest rate decision by the European Central Bank (ECB). It retreated to a low of €12,825, which was about 8.15% below the highest point in Aug...
Watch Christine Lagarde speak after the ECB announces rate hike
[The stream is slated to start at 08:30 ET. Please refresh the page if you do not see a player above at that time.] European Central Bank President Christine Lagarde is giving a press conference after...
EUR/GBP price forecast ahead of today’s ECB decision
Bearish sentiment on the euro and Europe was this year’s central theme in the FX market. Understandably so, given the war in Ukraine and rising energy prices. As such, the euro dropped against the US ...
4 reasons why the ECB will tighten policy faster than the market expects
This week’s main event is the European Central Bank (ECB) ‘s decision on Thursday. The ECB is in a tough spot, as inflation is running hot in the euro area, and the war in Ukraine sent energy prices t...
Euro Falls as Worsening Energy Shock to Test ECB on Rates
(Bloomberg) — The intensifying energy crunch in Europe is putting further pressure on the euro after Russia shut off key gas taps, signaling a cold and difficult winter ahead for businesses and ...
Euro-Zone Inflation Hits Record as ECB Hawks Push Jumbo Hike
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg Euro-area inflation accelerated to another all-time high, ...
ECB President Christine Lagarde Blames Climate Change for Europe’s Torrid Inflation – Economics Bitcoin News
According to the French politician currently serving as the president of the European Central Bank (ECB), Christine Lagarde, Europe’s scorching hot inflation can be blamed on climate change. During he...
ECB Updated on Digital Euro Development
Recently, an ECB policy maker announced an update on the development of the digital euro and this sparked the debate again. On Wednesday, 24th August, 2022, Bank of Finland Governor, Olli Rehn said it...
The ECB Considers Using CBDC To Prevent Market Dominance From BigTech
The European Central Bank (ECB) is considering using central bank digital currencies (CBDC) as means of curbing the market dominance of big tech firms. The body is unveiling a discussion paper that wi...
CBDC Could Combat Market Dominance From BigTech: ECB
The European Central Bank unveiled a discussion paper this week on the pros, cons, and economics of implementing central bank digital currency (CBDC). It suggested that CBDCs could help stave off domi...
ECB Reaffirms Its Focus On The Harmonization Of Crypto-Asset Regulations ⋆ ZyCrypto
Advertisement     The European Central Bank has restated its commitment to push for an all-around regulation on crypto assets to boost confidence in the financial syst...
ECB says CBDCs are important in the continuation of the monetary system
The European Central Bank has said that launching a government-controlled digital currency, popularly known as a central bank digital currency (CBDC), was the “only solution” to guarantee a smooth con...
CBDCs only solution to ‘smooth continuation’ of the monetary system: ECB
The European Central Bank (ECB) said that the introduction of digital cash in the form of central bank digital currencies (CBDCs) appears to be the “only solution” that will guarantee a “smooth contin...
ECB Creating a Harmonized Regulatory Framework Governing Crypto Activities and Services – Regulation Bitcoin News
The European Central Bank (ECB) is working to harmonize the regulatory framework governing crypto activities and services in the EU. The regulator noted that several regulatory initiatives at the Euro...
ECB Publishes New Guideline on Regulated Digital Asset Licensing
The European Central Bank (ECB) has issued new licensing guidelines for regulating digital assets, although it currently does not have a unified regulatory framework governing crypto-asset activities ...
The ECB sees Bitcoin as an expensive system- The Cryptonomist
In a recent report on technologies for making cross-border payments in the best possible way, the European Central Bank (ECB) talked about Bitcoin (BTC), though in a negative way. By contrast, the ECB...
CBDC Could Be ‘Holy Grail’ of Cross-Border Payments, ECB Says, Sees Bitcoin as Less Credible – Finance Bitcoin News
Several solutions can potentially improve cross-border payments significantly and central bank digital currency (CBDC) could be the “holy grail,” according to the European Central Bank (ECB). In a new...
ECB Belief In CBDC For the Best X-Border Payment Solution
A recent European Central Bank (ECB) study shows the best X-border payment solution. The winner of the recent study is Central Bank Digital Currency (CBDC), which marks its winning against banking, BT...
ECB: Bitcoin Is Least Credible for Cross-border Payments
The ECB noted that CBDCs provide a more credible alternative compared to unbacked digital assets. Research published by the European Central Bank (ECB) has concluded that Bitcoin is the least credible...
ECB believes CBDCs are better than Bitcoin for cross-border remittances
The European Central Bank’s (ECB) latest study regarding an ideal cross-border payment system claims central bank digital currencies (CBDCs) are superior to Bitcoin, stablecoins, and other traditional...
ECB Economists Suggest Limiting Access to Digital Euro to Protect Banks – Finance Bitcoin News
A group of economists evaluating the potential effects of a digital euro have insisted that restricting access to the upcoming currency is necessary to preserve the current financial system. Their stu...
4 conclusions after the ECB hiked the interest rates for the first time in 11 years
The European Central Bank (ECB)’s decision was the main event of the trading week ending today. Speculation at the start of the week that the central bank would deliver a bigger hike than expected pro...
ECB shocks markets with biggest interest rate rise in 20 years
ECB President Christine Lagarde interest rates negative bond turmoil eurozone inflation – Daniel Roland/Pool via REUTERS/File Photo Christine Lagarde brought the era of negative European interes...