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ECB will have to gamble with interest rate cut before long, says Wunsch

Euro zone inflation fell in February to 2.6%, but underlying price growth remained stubbornly high, with prices for food, alcohol and tobacco up 4.0% year-on-year and for services 3.9% higher.

ECB keeps rate unchanged at 4%, may cut in June with 2% inflation in sight

The ECB's latest quarterly outlook offered strong encouragement, putting inflation at 2.3% this year and revising the 2025 forecast down to 2%. For 2026, it's still seen at 1.9%

ECB needs to start cutting interest rates soon, says Fabio Panetta

"Macroeconomic conditions suggest that disinflation is at an advanced stage, and progress toward the 2% target continues to be rapid," he said on Saturday at the annual Assiom Forex event in Genoa

NTPC to raise up to $750 mn in debt from foreign investors via ECB route

State-owned NTPC Ltd is looking to raise up to USD 750 million (about Rs 6,222 crore) in debt from foreign investors. According to the request for proposal by the company, the proposed facility is being raised under automatic route as permitted under External Commercial Borrowing (ECB) guidelines of the RBI. "NTPC is looking to raise External Commercial Borrowing (ECB) in the form of unsecured term loan...equivalent to USD 500 million plus green shoe option of EUR equivalent to USD 250 million," it said. NTPC said the bids from banks/financial institutions should be a comprehensive, unconditional, firm and fully underwritten offer for the full amount of the proposed facility. Last date to submit the bid is February 21. NTPC, under the Ministry of Power, is the country's largest power producer.

Euro zone yields drop as markets price in ECB interest rate cut in April

Some analysts reckoned that soft economic growth and inflation figures from the euro zone, due from Wednesday, could add to expectations for more ECB monetary easing

ECB's next move is 'a cut' but policymakers spar on timing: Report

The ECB kept its key rate unchanged at a record high 4% last Thursday but sounded confident that inflation was coming under control

No hint of cuts as ECB keeps rates unchanged at record-high of 4%

Investors are betting that the ECB is getting it wrong on both growth and inflation and will be forced to U-turn and deliver five rate cuts in rapid succession from early spring

Dollar up after US GDP data, euro falls after ECB president's remarks

Next week, the Fed is widely expected to stand pat but comments from Chair Jerome Powell will be intensely scrutinized to assess if the U.S. central bank is ready to start cutting interest rates

Global currencies stabilise amid Central bank decision uncertainty

Japan's yen was one of the bigger movers, heading away from Friday's 148.80 per dollar, its weakest in a month, to as firm as 147.74, as the Bank of Japan started its two-day policy meeting

ECB backs global rules for bonds wiped out in Credit Suisse rescue

ECB backed decision by Swiss authorities, which reflected clauses enshrined in local bonds, but urged global standard-setters on the Basel Committee on Banking Supervision to put some order in market

Euro zone yields fall, markets price in 50 bps of ECB rate cuts by July

The ECB last week hinted at a steady policy ahead, while pushing back on expectations for rate cuts any time soon

European Central Bank holds rates after 10 hikes in a row to tame inflation

This sharp policy tightening is leaving a mark on the economy, with data earlier this week showing weak credit creation and economic activity

ECB set to halt rate hikes as Mideast war casts a shadow over economy

The European Central Bank is ready to leave interest rates unchanged Thursday for the first time in over a year as the Israel-Hamas war spreads even more gloom over already downbeat prospects for Europe's economy. It would be the bank's first meeting with no change after a torrid pace of 10 straight increases dating to July 2022 that pushed its key rate to a record-high 4 per cent. The ECB would join the U.S. Federal Reserve, Bank of England and others in holding borrowing costs steady albeit at the highest levels in years as inflation has eased. In Europe, inflation peaked at a painful 10.6 per cent in October for the 20 countries that use the Euro currency as Russia's war in Ukraine took a toll. Those high prices have been poison for consumer spending, draining household finances with added costs for necessities such as food, heat and electricity. But with inflation now down to 4.3 per cent, analysts expect the ECB to hold off on more hikes during its meeting in Athens. It is on

ECB looks to leverage AI to better understand inflation after big misses

Joining the masses of firms already using AI, the ECB is now exploring ways to process and analyse millions of data points, including public price data, corporate statistics

ECB hikes key interest rate to record high even as recession threat grows

Thursday's decision raises the ECB's benchmark deposit rate to 4%, up drastically from minus 0.5% just a little more than a year ago and the highest since the euro was established in 1999

Dollar hits 6-month high after data as ECB wraps up rate hiking cycle

U.S. retail sales increased by 0.6% in August, more than expected 0.2% rise, boosted by higher gasoline prices while weekly initial jobless claims rose to 220,000 but were below the 225,000 forecast

Brent holds above $90; markets await data for clues on Fed, ECB outlooks

The Federal Reserve is widely expected to leave interest rates unchanged at a policy meeting next week, though views are split over whether the Fed will hike or pause again in November

BofA expects to ECB hike all three policy rates by 25 bps next week

The brokerage expects "very little" forward outlook for the following meetings but said the bias would be towards pausing and not cutting rates

ECB's Philip lane sees inflation slowing significantly later this year

While price pressures won't hit the ECB's goal until sometime in 2025, the recent decline in energy will reduce costs across the economy before long, he said in a podcast produced by the central bank

Dollar slips before Fed decision, euro rises on ECB rate hike bets

The dollar index, a measure of the US currency against six major peers, fell 0.109% but was close to an almost two-week high touched on Tuesday