European Central Bank

Europe's growth model geared towards a world that is disappearing: Lagarde

Lagarde said that Europe has become more vulnerable due to its dependency on third countries for its security and the supply of critical raw materials

Martin Kocher advocates for ECB calm with policy in a 'good place'

ECB officials have largely indicated that - after eight interest-rate cuts in a year - they are happy with current policy settings, though some are still saying further cuts shouldn't be excluded

ECB mulls reprieve for Deutsche, BNP amid India bond clearing row

Lenders are discussing a potential solution with the ECB about easing charges imposed after Europe's markets agency withdrew recognition of the CCIL and other agencies three years ago

EU's central bank to hold off on another rate cut to anticipate tariff blow

The European Central Bank will likely hold off on making another interest rate cut Thursday, choosing to wait until it can measure the size of any economic blow from higher US tariffs. The ECB has already cut rates eight times since June of last year and President Christine Lagarde said after the last policy meeting June 5 that the central bank is getting to the end of a monetary policy cycle." The monetary authority for the 20 countries that use the euro currency has been lowering rates to support growth after raising them in 2022-2023 to snuff out inflation caused by Russia's invasion of Ukraine and the rebound after the pandemic. With the bench mark rate now at 2 per cent, down from a record high of 4 per cent, analyst think there could be one more rate cut coming, but only in September. The reason, say analysts: The ECB's policymakers simply don't know the outcome of talks between the EU's executive commission and the Trump administration. Trump first set a 20 per cent tariff

Frequent shocks to economy make inflation more unpredictable: ECB chief

The head of the European Central Bank said inflation has become more unpredictable due to shocks like the COVID-19 pandemic and Russia's invasion of Ukraine and that policymakers need to take the possibility of such extreme scenarios into account and communicate them to the public as well. The world ahead is more uncertain, and that uncertainty is likely to make inflation more volatile, European Central Bank (ECB) President Christine Lagarde said Monday in a speech opening the central bank's annual conference in Sintra, Portugal. It's pretty basic but that's the reality. One reason, she said, was that increasingly regular supply disruptions were leading companies to change their prices more frequently, a habit that goes beyond the recent burst of inflation in the US and Europe and reflects a structural shift in how firms operate under conditions of permanently higher uncertainty. The bank's assessment of the economy needs to rely on taking extreme possible scenarios into account as

ECB cuts growth, inflation forecasts amid trade war and weak demand

Inflation is now seen falling further below the ECB's 2% target next year as lower energy costs, a stronger euro and weak economic growth all weigh on prices

Christine Lagarde warns of enduring changes in global trade dynamics

The finance ministers and central bank governors focused instead on a collective call to address "excessive imbalances" in the global economy, an effort clearly aimed at China, though they didn't name

ECB cuts rates again to help economy weather erratic US trade policy

The ECB has been lowering borrowing costs as post-pandemic price pressures retreat, and recent trade-related turmoil on global markets is adding to the case for further policy easing

ECB's role isn't funding military, says Lagarde amid EU spending shift

The monetary chief told reporters in Frankfurt on Thursday that a huge increase military spending is likely to boost the economy

Worst German bond rout since 1990 triggers global selloff as yields surge

German bonds held their declines after the European Central Bank cut rates as predicted and indicated its easing phase is drawing to a close

ECB cuts rates, signals possible further easing amid economic uncertainty

Easing for the sixth time since June, the ECB lowered its deposit rate to 2.5 per cent in a nod to slowing inflation and faltering growth

Trump, tariffs, and European defence spending cloud ECB meeting outlook

The impact of a potential trade war with the United States and massive increases in European defence spending and government borrowing loom over a policy meeting Thursday at the European Central Bank, which is expected to cut interest rates by a quarter percentage point. Analysts are widely expecting a cut in the European Central Bank's (ECB) benchmark deposit rate to 2.50 per cent, a step to lower borrowing costs for consumers and businesses in an economy that's struggling to get out of first gear. The bank's monetary policy statement and post-meeting news conference by President Christine Lagarde will be scrutinised for hints about how far the bank will cut rates amid concerns about weak growth. The bank has already reduced the benchmark rate by 1.25 percentage points since June. Meanwhile new concerns that would massively reshuffle the economic picture are likely to intrude: the potential impact of new tariffs on European imports from US President Trump, which could slow growth,

Euro area 2-year yields set for largest weekly drop since September

Germany's rate-sensitive two-year bond yield, was down 81 basis points (bps) at 2.18% on Friday. It was set to end the week 16 bps lower in its biggest fall since the week of Sept. 23

ECB cuts interest rates, keeps door open for further policy easing

It was the fifth ECB rate cut since June and markets expect two or three more this year, driven by arguments that the biggest inflation surge in generations is nearly defeated

ECB to cut rates, stay receptive to further easing amid growth concerns

With the euro zone suffering through an industrial recession and weak consumption, the case for a cut is so clear that none of the ECB's 26 policymakers have publicly pushed back

Markets Today: US Fed outcome; L&T, TaMo Q3; Dr. Agarwal's, CLN Energy IPOs

In the previous session, the Sensex jumped 631.55 points, or 0.83 per cent, to settle at 76,532.96. The Nifty50 also added 205.85 points, or 0.90 per cent, to close at 23,163.10

Rupee seen trading close to 85.80 per dollar by March end: BS Poll

Excessive intervention by the RBI could be counterproductive, particularly if other central banks allow their currencies to weaken, and could even affect rupee liquidity

ECB likely to cut rates while weighing US trade concerns and France's chaos

With US President-elect Donald Trump threatening new tariffs and political chaos engulfing France, the European Union's second largest economy, the question ahead of the European Central Bank meeting Thursday is not whether it will cut interest rates, but by how much. Analysts see a quarter-point rate cut from the current ECB benchmark rate of 3.25% as the most likely option when the bank's rate-setting council meets at its skyscraper headquarters in Frankfurt. But the prospect of a half-point cut isn't out of the question for the bank and its President Christine Lagarde as new risks that emerged since the bank's last meeting on October 17 cast a shadow over an already tepid recovery from a post-pandemic stagnation. Trump's election victory on Nov. 5 heightened the prospect of a more protectionist U.S. trade policy, such as new or higher tariffs on imported goods, after he takes office on Jan. 20. That sends a cold chill through the business world in Europe, where exports are an ...

ECB members divided on risk of excessively weak inflation, show accounts

The ECB cut rates for the third time this year in October and made clear that further easing is coming given a weak economy and diminishing price pressures

Europe's banks brace for tougher competition under Trump's second term

But the pace of any deregulation will be determined by new regulators and key policymakers that Trump has yet to nominate, leaving the outlook highly uncertain