ECB raises rates for first time since 2023
From June 17, the deposit facility rate rises to 2.25 per cent, the main refinancing rate to 2.40 per cent and the marginal lending rate to 2.65 per cent.
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ECB warns oil shock could force rate hike in June
Alexander Demarco said hopes that the eurozone could ride out the energy spike were "fading" and that he expected the conflict,
Tension between ‘anti-democratic’ ECB and staff committee grows
Dialogue between the European Central Bank (ECB) senior managers and its staff committee has become tense, with the latter accusing the ECB leadership of being "anti-democratic"…
ECB signs co-operation pact with China, pushing for policy reforms
The European Central Bank (ECB) signed a non-binding co-operation agreement with the People’s Bank of China and ECB President Christine Lagarde used the occasion…
ECB’s Lagarde sees weak growth, dominated by downside risks
Eurozone economic growth could be weaker in the months ahead and the medium-term outlook is uncertain with downside risks dominating, European Central Bank President…
ECB cuts rates even as inflation fight goes on
The European Central Bank went ahead with its first interest rate cut since 2019 on Thursday, citing progress in tackling inflation even as it acknowledged the fight…
Is a commitment to climate orthodoxy a prerequisite to working for the European Central Bank? The Frankfurt institution has tied itself in knots over the true meaning of diversity
There are two key kinds of diversity in Western liberal democracies. One visible. and one invisible.
German, Dutch central banks post big losses, warn of more
The German and Dutch central banks on Friday posted multi-billion euro losses for 2023 and predicted more financial pain ahead, suggesting that they are unlikely…
MEPs unconvinced as ECB pushes ‘digital euro’
European Parliament members remain unconvinced about the benefits of a “digital euro” despite the best efforts of the European Central Bank.