ECB Tightens Grip With 12th Consecutive Rate Hike; Lagarde Asserts ‘No Cuts’ Amid Lingering Inflation Concerns
The European Central Bank (ECB) has raised the benchmark bank rates by 25 basis points (bps) citing that…
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Eurozone Inflation to Remain Higher Than 2% Target in Next 2 Years, ECB’s Lagarde Admits
Inflation in the eurozone has started to decline but the area’s monetary authority expects it to remain above…
Right to Pay With Cash Enshrined in Constitution of Slovakia Amid Digital Euro Fears
A member of the eurozone is amending its constitution in order to guarantee citizens the right to cash…
Banks Not Getting Anticipated Benefits From Rate Hikes, ECB Executive Admits
Eurozone banks are profitable but the benefits from higher interest rates may be smaller than expected, according to…
Rate Hikes Affecting Housing Markets in Eurozone, United States, ECB Study Shows
Interest rate hikes in the euro area are already causing a decline in housing investment, the zone’s central…
Inflation Expectations of Eurozone Consumers ‘Increased Significantly,’ ECB Says
Consumers in the euro area have sharply raised their expectations about inflation in the coming months, the European…
ECB Raises Interest Rates by 25bps Amid ‘Too High’ Inflation, ‘No Pause,’ Lagarde Says
The European Central Bank (ECB) raised its key interest rates by 25 basis points, slowing the pace from…
Eurozone Finance Ministers Pledge Support for Digital Euro Project, Talk Privacy
The ministers of finance of the countries in the eurozone reaffirmed their support for efforts to prepare for…
Rate Hikes Needed to Reduce Eurozone Inflation Despite Recession, Top ECB Official Says
Interest rates will continue to rise while the euro area falls into recession, a high-ranking executive at the…