All eyes on the latest inflation numbers out of the euro zone as market players consider what the ECB will do next. Bloomberg | Bloomberg | Getty Images Inflation in the euro zone eased slightly in th...
Tag: European Central Bank
Euro zone GDP Q4 2022
The latest euro zone growth numbers are out as the ECB considers what to do next. Nurphoto | Nurphoto | Getty Images The euro zone beat expectations on Tuesday by posting positive growth in the final ...
Inflation Cools, But Less Demand Doesn’t Mean Recession Imminent
Eggs are displayed at a grocery store, Wednesday, Jan. 11, 2023, in Marietta, Ga. The national … [+] average price for a dozen eggs hit $3.59 in November, up from $1.72 a year earlier, according...
How Will They Work And Could They Kill Crypto
Central Bank digital currencies: Will they live along side bitcoin, and other more common forms of … [+] financial transactions? Or will they be the ultimate form of payment to the detriment of ...
ECB President Christine Lagarde speaks after rate decision
[The stream is slated to start at 8:45 EST. Please refresh the page if you do not see a player above at that time.] European Central Bank President Christine Lagarde is due to give a press conference ...
Crypto’s ‘Easy Money’ Scams Need Tougher Oversight – ECB Board Member
In a speech this week, European Central Bank board member Fabio Panetta called for broader taxation on crypto assets, which he likened to a Ponzi scheme. “The EU should introduce a tax levied on cros...
Yes! The European Central Bank Gets This Right About Bitcoin!
European central bankers, on brand as ever, have shared a tersely worded cope-memo decrying bitcoin and its dastardly ways — and inadvertently made the case for never regulating it. The essay doubles ...
Why A Strong Dollar Is Not As Good As You Think
A strong dollar sounds great. Here is where it is not so great for U.S. companies and investors. getty To most people, a strong currency means a strong country. Weak countries have weak currencies. St...
Watch Christine Lagarde speak after the ECB hikes rates once again
[The stream is slated to start at 08:45 a.m. 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 ...
Finance Minister Jeremy Hunt delivers emergency policy statement
[The stream is slated to start at 6 a.m. ET. Please refresh the page if you do not see a player above at that time.] New U.K. Finance Minister Jeremy Hunt is announcing parts of his medium-term fiscal...
Europe Energy In Deep Crisis Mode
A screen grab from Danish Defense shows the gas leaking at Nord Stream 2 seen from the Danish F-16 … [+] interceptor on Bornholm, Denmark on September 27, 2022. (Photo by Danish Defence/Anadolu ...
Europe Is Heading For “Deep Recession”, Deindustrialization
German Chancellor Olaf Scholz, right, and European Council President Charles Michel, address the … [+] media during a joint press conference after a meeting in Berlin, Germany, Friday, Sept. 9, ...
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...
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 &#...
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...
Growth accelerates for euro zone
Growth in the euro zone economy accelerated in the second quarter of the year, but the region’s prospects could be hit as Russia continues to reduce gas supplies. The 19-member bloc registered a...
More German Inflation Will Lead To Higher Borrowing Costs
A German national flag flying in Berlin, Germany. Photographer: Krisztian Bocsi/Bloomberg © 2022 Bloomberg Finance LP Europe’s largest economy continues to have economic problems. German inflation hit...
Watch Christine Lagarde speak after the ECB surprises markets with larger rate hike
[The stream is slated to start at 08:45 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...
Euro And Dollar Are Equal For First Time In 20 Years–Here’s What It Means For Americans
Topline The euro and the U.S. dollar are equal for the first time in 20 years, as Russia threatens to cut off gas to the west and inflation rates soar, sparking fears of a European recession. The euro...
ECB stress test shows most banks don’t include climate risk in credit models
Environmental protesters take to the streets during a demonstration by Fridays for Future in the financial district of Frankfurt, Germany, in August last year. Bloomberg | Bloomberg | Getty Images The...
The US Dollar Is Still King, And Investors Can Make The Most Of It
Getty Images Key takeaways The US dollar rose to fresh 20-year highs this week Meanwhile, the euro fell below $1.02 for the first time since 2002 Rising energy prices, tightening central bank policies...
Watch UK Finance Minister Rishi Sunak’s budget announcement
[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.] U.K. Finance Minister Rishi Sunak is announcing a new government budget in his Sprin...