central bank of the European Union and the eurozone
ECB’s Lane Says Current Disinflation Is ‘Necessarily Bumpy’: European Central Bank Chief Economist Philip Lane said the retreat in consumer-price growth is ...
bloomberg.com/news/articles/2024-04-15/ecb-s-lane-says-current-disinflation-is-necessarily-bumpy
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ECB's Lagarde hints it is too early to review inflation target: European Central Bank President Christine Lagarde hinted on Wednesday that it was too early for ...
reuters.com/markets/europe/ecbs-lagarde-hints-it-is-too-early-review-inflation-target-2024-04-17/
ECB firmly behind June rate cut but views diverge on July: European Central Bank policymakers continued to line up behind a June interest rate cut on Wednesday ...
reuters.com/markets/europe/ecbs-cipollone-eyes-june-july-data-possible-rate-cut-2024-04-17/
Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
ECB’s Rehn Says Geopolitics Pose Biggest Risk to Rate Cuts: Slower inflation has opened the door for the European Central Bank to start lowering interest rates ...
bloomberg.com/news/articles/2024-04-16/ecb-s-rehn-says-geopolitics-pose-biggest-risk-to-rate-cuts
Paid articlePaid ECB May Cut Rates in June on Slower Inflation, Muller Says - Bloomberg: The European Central Bank may lower interest rates in June as euro-area inflation slows ...
bloomberg.com/news/articles/2024-04-12/ecb-may-cut-rates-in-june-on-slower-inflation-muller-says
Paid articlePaid The ECB is seen forgiving Italy its fiscal sins, if needed: Investors who have snapped up high-yielding Italian bonds over the last year on the assumption they ...
reut.rs/3xIJHBq
Christine Lagarde says US plan to raise debt against Russian assets carries legal risk
ft.com/content/f4996537-329d-4946-821e-67d11f5928b7
ECB to Watch Geopolitical Risk When Cutting Rates, Villeroy Says - Bloomberg: The European Central Bank will monitor geopolitical risks as it embarks on ...
bloomberg.com/news/articles/2024-04-16/ecb-to-watch-geopolitical-risk-when-cutting-rates-villeroy-says
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ECB's Vasle sees rates much closer to 3% at year-end: The European Central Bank deposit rate should be "much closer" to 3% by the end of the year from a record ...
reuters.com/markets/rates-bonds/ecbs-vasle-sees-rates-much-closer-3-year-end-2024-04-17/
ECB’s Centeno Says It’s About Time to Change Monetary Policy: The European Central Bank should start lowering interest rates soon, according to Governing Council ...
bloomberg.com/news/articles/2024-04-17/ecb-s-centeno-says-it-s-about-time-to-change-monetary-policy
Paid articlePaid ECB Rate Cuts: Jostling Over Back-to-Back Summer Moves Has Already Begun: European Central Bank interest-rate setters are starting to position themselves for the ...
bloomberg.com/news/articles/2024-04-08/ecb-rate-cuts-jostling-over-back-to-back-summer-moves-has-already-begun
What the key interest rates mean for savers: Inflation is falling - the ECB is heading for a possible first interest rate cut. Consumers could already be feeling ...
zdf.de/nachrichten/wirtschaft/ezb-leitzinsen-banken-sparer-kredite-100.html
The ECB is seen forgiving Italy its fiscal sins, if needed: Investors who have snapped up high-yielding Italian bonds over the last year on the assumption they ...
reuters.com/world/europe/ecb-is-seen-forgiving-italy-its-fiscal-sins-if-needed-2024-04-17/
Quick Glance: ECB Considers Forgiving Italy's Fiscal Sins
- Investors scrutinize ECB's rules for investment safety
- Italy may become ineligible for TPI due to financial difficulties
- Criteria for TPI support could still be met despite uncertainties
- Italy's high debt and increasing deficits pose ongoing challenges
Dollar's rally supercharged by diverging US rate outlook: A rally in the U.S. dollar is accelerating, as stubborn inflation sows doubts over how aggressively the ...
reuters.com/markets/currencies/dollars-rally-supercharged-by-diverging-us-rate-outlook-2024-04-15/
ECB could cut rates more than three times in this year: Simkus: The European Central Bank could cut interest rates more than three times this year and the ...
reuters.com/markets/europe/ecb-could-cut-rates-more-than-three-times-this-year-simkus-2024-04-15/
ECB Rate Decision, Lagarde Briefing
bloomberg.com/news/live-blog/2024-04-11/ecb-interest-rate-decision-lagarde-briefing
Greek Bank Dividends: Central Bank Urges ECB to Let Lenders Do Payouts: Bank of Greece Governor Yannis Stournaras urged the European Central Bank to allow ...
bloomberg.com/news/articles/2024-04-12/greek-bank-dividends-central-bank-urges-ecb-to-let-lenders-do-payouts
Paid articlePaid ECB Should Consider Overhaul of Forecasting, Schnabel Says: The European Central Bank should consider rethinking how it forecasts economic growth and inflation ...
bloomberg.com/news/articles/2024-04-17/ecb-should-consider-overhaul-of-forecasting-schnabel-says
Bank of England must fix forecasts and technology, former Fed chief Bernanke says
reuters.com/world/uk/bank-england-must-fix-forecasts-technology-former-fed-chief-bernanke-says-2024-04-12/
Quick Glance: Improve: Bernanke Critiques Bank of England's Handling of Inflation Crisis
- The Bank of England has deteriorated in economic forecasting, with faulty models and outdated systems. Communication with the public needs enhancement.
- Ben Bernanke's report includes 12 detailed recommendations, which Andrew Bailey, the Bank's governor, intends to act upon. Bernanke emphasizes the Bank's potential for significant improvement.
- Bernanke criticizes the Bank's use of fan charts, suggesting they lack useful information and should be replaced with more transparent communication methods. He highlights the need for clearer decision-making reasoning.
- Despite recommendations, Bernanke avoided speculating on past actions, indicating room for substantial improvement within the Bank's processes. The report conveys a clear message: the Bank could have performed much better.
Morning bid: Red hot retail readout drives US economy and dollar: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-04-16/
A $10 Trillion Race to Rearm Will Test Budgets: I’m Craig Stirling, a senior editor in Frankfurt. Today we’re looking at what costs the West may face to rearm ...
bloomberg.com/news/newsletters/2024-04-09/a-10-trillion-race-to-rearm-will-test-budgets
ECB's confidence in fight against inflation growing, Villeroy says: The European Central Bank (ECB) is increasingly confident that it is winning the fight ...
reuters.com/markets/europe/ecbs-confidence-fight-against-inflation-growing-villeroy-says-2024-04-13/
ECB holds rates at record highs, signals upcoming cut: The European Central Bank kept interest rates at record highs on Thursday but sent an even clearer signal ...
reut.rs/43QGPhP
IMF says outlook for world economy is brighter but still modest by historical standards
pbs.org/newshour/economy/imf-says-outlook-for-world-economy-is-brighter-but-still-modest-by-historical-standards
Quick Glance: IMF upgrades global growth forecast despite risks
- The International Monetary Fund slightly raised its global growth forecast on Tuesday, noting that the economy had proven 'surprisingly resilient' despite inflationary pressures and monetary policy shifts.
- IMF's chief economist, Pierre-Olivier Gourinchas, indicated that the global economy is heading for a 'soft landing,' with risks to the outlook now broadly balanced.
- While advanced economies are expected to lead the growth, dim prospects in China and other major emerging markets could impact global trade partners, according to the report.
- Despite Tuesday's brighter outlook, global growth remains low compared to historical standards, partly due to weak productivity growth and increasing geopolitical fragmentation.
Bankers in Europe Push Back as ECB Conducts New ESG Risk Review: The European Banking Federation says lenders in the region won’t be able to compete with their ...
bloomberg.com/news/articles/2024-04-07/bankers-in-europe-push-back-as-ecb-conducts-new-esg-risk-review
Paid articlePaid ECB Seen Cutting Interest Rates Once a Quarter Starting in June: The European Central Bank will embark in June on a steady-yet-gradual path of interest-rate cuts ...
bloomberg.com/news/articles/2024-04-05/ecb-seen-cutting-interest-rates-once-a-quarter-starting-in-june
Paid articlePaid Stock Markets Today: ECB rate decision, Israel strike, Japanese yen: Get up to speed with what the markets are monitoring
bloomberg.com/news/newsletters/2024-04-11/stock-markets-today-ecb-rate-decision-israel-strike-japanese-yen
Handful of ECB Officials Needed Extra Convincing to Back Hold
bloomberg.com/news/articles/2024-04-11/handful-of-ecb-officials-needed-extra-convincing-to-back-hold
Former Fed chief Bernanke to set out Bank of England reforms: Former Federal Reserve Chair Ben Bernanke will set out on Friday how the Bank of England should ...
reuters.com/world/uk/former-fed-chief-bernanke-set-out-bank-england-reforms-2024-04-11/
Fragmented Europe to make new bid for US-style capital market: After years of struggling to raise capital in European Union markets, Mews - a hospitality ...
reuters.com/markets/europe/fragmented-europe-make-new-bid-us-style-capital-market-2024-04-15/
Stock Markets Today: Oil tumbles, ECB rates, China: Get up to speed with what the markets are monitoring
bloomberg.com/news/newsletters/2024-04-08/stock-markets-today-oil-tumbles-ecb-rates-china
SNB Won’t Need to Factor Climate Risks Into Policy, Swiss Lawmakers Say: The Swiss National Bank won’t have to take climate and environmental risks into account ...
bloomberg.com/news/articles/2024-04-17/snb-can-continue-to-ignore-climate-risks-swiss-lawmakers-say
Paid articlePaid
Moderate price increases: Inflation in the Eurozone falls to 2.4 percent: The time of drastic price increases for food or energy seems to be over ...
spiegel.de/wirtschaft/inflation-in-der-eurozone-faellt-auf-2-4-prozent-a-6015a26a-7ff8-4e94-bdfc-c8dd9ce02554
Europe's economic divergence with US is real but has its limits: Inflation in the euro zone is different to that in the United States, much as ECB President ...
reuters.com/world/europe/europes-economic-divergence-with-us-is-real-has-its-limits-2024-04-12/
STOXX 600 climbs over 1% on rate-cut optimism: European shares rose to over a week's high on Friday, with major indexes that use the euro as the common currency ...
reuters.com/markets/europe/blue-chips-power-european-stocks-higher-rate-cut-hopes-2024-04-12/
EU leaders set to revive capital markets union plan in search for defence funding
ft.com/content/61bfe5dd-ee59-428f-886a-db15364018c6
LIVE: European Central Bank president speaks following monetary policy meeting: Reuters Live on X (Twitter)
twitter.com/i/broadcasts/1LyGBnREwbnGN
Inflation has slid again in Europe. What that means for interest rates: Inflation has fallen again in Europe, to 2.4% in March. It's welcome news for consumers ...
apnews.com/article/european-central-bank-ecb-inflation-interest-rates-eurozone-5b12d36fe7a494650b0ea21a09e69759
Quick Glance: Inflation down in German states, signaling national decline
- Inflation fell in six economically essential German states in March, indicating that national inflation will continue its downward trend.
- Economists will closely monitor national inflation data as Germany releases its figures a day before the Eurozone inflation data on Wednesday.
- German companies expected the lowest prices in three years in March, with forecasts of inflation falling below the European Central Bank's target in the upcoming months.
- An increasing number of ECB policymakers have backed rate cuts, with a June meeting appearing as the most probable time for action, although a meeting is also scheduled for this month.
Safe-haven gold snaps record highs, heads for fourth weekly gain: Gold prices climbed on Friday to hit a historic peak as central bank purchases amid ...
reuters.com/markets/commodities/gold-prices-hit-record-highs-safe-haven-demand-2024-04-12/
EU Probes More Chinese Clean-Tech Spending : Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union.
bloomberg.com/news/newsletters/2024-04-10/eu-probes-more-chinese-clean-tech-spending
ECB Is on Track to Cut Interest Rates in June, Kazaks Says: The European Central Bank is on track to start lowering borrowing costs in June ...
bloomberg.com/news/articles/2024-04-12/ecb-is-on-track-to-cut-interest-rates-in-june-kazaks-says
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Week Ahead for FX, Bonds: Focus on U.S. Inflation Data, ECB Decision: Wednesday’s U.S. inflation data for March and Thursday’s interest-rate decision by the ...
wsj.com/economy/week-ahead-for-fx-bonds-focus-on-u-s-inflation-data-ecb-decision-16491ecd
German Inflation Slows Further as ECB Readies June Rate Cut: German inflation eased for a third month in March, supporting expectations that the European Central ...
bloomberg.com/news/articles/2024-04-02/german-inflation-slows-further-as-ecb-readies-june-rate-cut
Paid articlePaid Week Ahead for FX, Bonds: Focus on U.S. Inflation Data, ECB Decision: Wednesday’s U.S. inflation data and Thursday’s interest-rate decision by the European ...
wsj.com/economy/central-banking/week-ahead-for-fx-bonds-focus-on-u-s-inflation-data-ecb-decision-7f084536
US dollar weakens after producer prices data, falls below 153 vs yen: The dollar fell on Thursday as weaker-than-expected U.S. producer prices for March partly ...
reuters.com/markets/currencies/dollar-firms-yen-skids-fed-cut-wagers-crumble-2024-04-11/
Euro-Zone Companies Expect Wage Increases to Moderate, ECB Says: Companies in the euro area expect wage growth to slow, according to a poll by the European ...
trib.al/ypgsJrs
Transatlantic rate rift opening up at midyear: A June jamboree in central banking is being scratched from diaries as markets now suspect the Federal Reserve will ...
reuters.com/markets/transatlantic-rate-rift-opening-up-midyear-mike-dolan-2024-04-10/
ECB’s rate cuts can help bond traders – and itself: Christine Lagarde can have first-mover advantage. By lowering borrowing costs in June, ahead of her peers ...
reuters.com/breakingviews/ecbs-rate-cuts-can-help-bond-traders-itself-2024-04-08/
Pound falls to lowest since December as dollar stays strong: The pound dropped to a four-month low against the dollar on Thursday, still under pressure after the ...
reuters.com/markets/currencies/pound-falls-lowest-since-december-dollar-stays-strong-2024-04-11/
Euro zone banks lower bar on mortgages but demand keeps falling - ECB: Euro zone banks lowered the bar on mortgage approvals last quarter for the first time in ...
reuters.com/business/finance/euro-zone-banks-lower-bar-mortgages-demand-keeps-falling-ecb-2024-04-09/
ECB’s New Framework Tools May Already Arrive in 15 Months: The European Central Bank may only be 15 months away from introducing new longer-term loans and a ...
bloomberg.com/news/articles/2024-04-05/ecb-s-new-framework-tools-may-already-arrive-in-15-months
Middle East tensions pose the biggest threat to rate cuts, European Central Bank policymaker says
cnbc.com/2024/04/17/middle-east-tensions-pose-the-biggest-threat-to-european-central-bank-rate-cuts-policymaker-says.html
European house prices fall for first time in a decade : Strong growth in some eastern and southern countries was offset by declines in many northern EU states
ft.com/content/fbdb5271-c35c-40cd-b301-eed9d7c6f57a
European Stocks Advance as Focus Turns to ECB, US Inflation Data: European equities gained at the start of a week laden with key macroeconomic events ...
bloomberg.com/news/articles/2024-04-08/european-stocks-advance-as-focus-turns-to-ecb-us-inflation-data
Paid articlePaid Dutch Central Banker Says Digital Euro Is Needed for Autonomy: Europe needs a digital euro “to keep up with society, to pursue strategic autonomy ...
bloomberg.com/news/articles/2024-04-05/dutch-central-banker-says-digital-euro-is-needed-for-autonomy
Morning Bid: Metals rise above the din: A look at the day ahead in European and global markets from Tom Westbrook
reuters.com/markets/europe/global-markets-view-europe-2024-04-09/
Euro plunges, eyes parity with dollar after Lagarde’s go-it-alone pledge: The currency weakened as the ECB signals it plans start cutting rates before the Fed.
politico.eu/article/euro-slumped-lowest-level-ebc-president-christine-lagarde-signaling-bank-willing-cut-interest-rates-before-us/
Swiss Inflation Unexpectedly Slows, Vindicating SNB Rate Cut
bloomberg.com/news/articles/2024-04-04/swiss-inflation-unexpectedly-slows-vindicating-snb-rate-cut
ECB and cheap gas to blame for heat pump slump, says lobby group: The Brussels lobby group for heat pumps has blamed a 5% slump in 2023 sales on higher interest ...
euractiv.com/section/energy-environment/news/donagh-ecb-and-cheap-gas-to-blame-for-heat-pump-slump-says-lobby-group/
How has the Bank of England dealt with four years of shocks?: Its credibility is battered but intact. It can do better
economist.com/britain/2024/04/04/how-has-the-bank-of-england-dealt-with-four-years-of-shocks
Morning Bid: Markets reel on Fed cut doubts, ECB up next: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-04-11/
Better: The Bloomberg Close, Europe Edition: Good afternoon. Here's what you need to know to end your day.
bloomberg.com/news/newsletters/2024-04-03/better-the-bloomberg-close-europe-edition
Paid articlePaid Falling loan demand builds rate cut pressure as ECB prepares to meet: Survey results will feed into ECB discussion on slowing activity amid tight financing ...
ft.com/content/550f4437-b104-46cc-a205-bc8c447ae444
From @Breakingviews : In 2021 and 2022, over 700 large companies generated at least $1 trillion of combined windfall profit. Now central bankers want companies to absorb ... Show more @guerreraf72 www.reuters.com/breakingviews/profitability-is-next-sacrifice-inflation-altar-2024-04-02/
Ukraine Finds Itself on the Brink: Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union.
bloomberg.com/news/newsletters/2024-04-12/ukraine-finds-itself-on-the-brink
Inflation: low interest rates are a thing of the past: The ECB is likely to cut its key interest rates in June. But interest rates could rise again in the medium ...
faz.net/aktuell/wirtschaft/inflation-die-niedrigzinsen-gehoeren-der-vergangenheit-an-19646858.html
Morning Bid: Fed leads race to cut last: A look at the day ahead in European and global markets from Kevin Buckland
reuters.com/markets/global-markets-view-europe-2024-04-12/
Eurozone inflation falls faster than expected - Latest News: The inflation that has squeezed European shoppers fell more than expected in March to 2.4 percent ...
hurriyetdailynews.com/eurozone-inflation-falls-faster-than-expected-192150
A final hurdle: Five questions for the ECB: Traders betting the European Central Bank is all but certain to start cutting interest rates in June just need a ...
reut.rs/4apBuR0
ECB's Holzmann warming to June rate cut but keeping an eye on Fed: The European Central Bank could start cutting interest rates in June as inflation may fall ...
reut.rs/3U3rK92
ECB's central scenario points to interest rate cut in June, De Cos says: The European Central Bank could start cutting interest rates in June after a continued ...
reuters.com/world/europe/ecbs-central-scenario-points-interest-rate-cut-june-de-cos-says-2024-04-03/
ECB June rate cut looks increasingly likely — but there are 'still some caveats,' German central bank chief says
cnbc.com/2024/04/17/ecb-june-rate-cut-looks-increasingly-likely-but-still-caveats-joachim-nagel.html
European shares dip ahead of ECB policy decision; BP shines: European shares opened lower on Tuesday, with investors stepping to the sidelines ahead of this ...
reuters.com/markets/europe/european-shares-dip-ahead-ecb-policy-decision-bp-shines-2024-04-09/
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