Page 9 - European Central Bank

European Central Bank rate hike can come as soon as July, says Lagarde

The ECB should end its stimulus bond-buying scheme "early in the third quarter", Lagarde said in a speech in Ljubljana

End of easy money brings with it a $410-billion global financial shock

Inflation is pushing central banks to shrink their balance sheets as they hike interest rates, adding a new risk for the world economy hit by war and lockdowns

World stocks hit five-week low, yields soar on Fed rate hike outlook

European Central Bank officials said on Thursday that the central bank might start hiking euro zone rates as early as July

Euro drops after ECB's mixed comments; dollar hits fresh 25-month high

ECB President Christine Lagarde struck a dovish tone by saying the central bank might need to cut its growth outlook

Euro hits two-year low vs dollar as ECB seen in no rush to hike rates

Lagarde said there was no clear timeframe for when rates would start to rise, adding it could be weeks or even several months after the end of stimulus

Euro turns negative as ECB confirms plans to end bonds buys

Interest rates will, however, only go up "some time" after the end of bond buys and they will be gradual, the ECB added

Ahead of key Central Bank meeting, European shares edge up

Ahead of the ECB's decision, due at 1145 GMT, the broader Euro STOXX 600 gained 0.1%, with French shares adding 0.4% and German stocks up up 0.2%

US dollar drops, euro rises as markets look to ECB's policy meet

Money markets are pricing in about 70 basis points of interest rate tightening by December.

UK inflation rises at fastest pace in 30 years on soaring energy costs

Inflation in the United Kingdom accelerated to 7% in the 12 months through March, the highest annual rate since March 1992, the Office for National Statistics said

Russia-Ukraine war complicates ECB's rate hike considerations

The Russia-Ukraine war has added to the uncertainties amid which the ECB chose to adopt a prudent stance in formulating its agenda for rate hikes, according to minutes released by the central bank.

Euro struggles to hold to post-ECB gains, dollar hits 5-year peak on yen

The U.S. dollar climbed to a five-year high on the yen after a strong U.S. inflation report.

US dollar hits 5-year high on Yen, Euro pressured by growth risks

The dollar hit a new five-year high on the yen on Friday after a strong U.S. inflation report, while the euro struggled to hold its own as a hawkish turn from the European Central Bank was offset by g

Global share markets fall as US inflation hits nearly 8%, ECB moves

Global share markets slid on Thursday as U.S. inflation hit almost 8%, making it almost certain the U.S. Federal Reserve will raise interest rates next week

Euro eases after ECB meeting, while dollar firms following inflation data

The euro retreated from its overnight gains on Thursday following the European Central Bank's announcement it will phase out its stimulus in the third quarter

ECB pushes on with stimulus exit, hikes inflation forecasts for 2022-24

February's record 5.8 per cent inflation rate and the prospect of an even higher reading in March intensified pressure on the bank to act in line with its inflation-busting mandate

Euro eases following ECB meeting, while dollar rises after inflation data

The euro touched a 22-month low of $1.0804 earlier in the week, with investors expecting the crisis in Ukraine to have a sizeable impact on European growth.

Euro extends recovery as ECB phases out stimulus package

The statement from the central bank, released at 1245 GMT sent the yield of euro zone government bonds sharply higher and saw the dollar index reverse into negative territory

Euro rallies ahead of ECB meet, Poland's zloty and Hungary's forint surge

Sterling rose 0.4% against the dollar to $1.3148, Poland's zloty jumped 1.8% against the greenback to 4.3808 and Hungary's forint surged 2.8% to 345.80.

Euro edges up 0.5% against the dollar ahead of ECB meeting

Other European currencies such as Poland's zloty and Hungary's forint rebounded from record lows against the euro, both supported also by their central banks' sharp interest rate hikes on Tuesday.

Ukraine upends stimulus exit: Five questions for the European Central Bank'

The European Central Bank's plans to dial back stimulus have been upended by Russia's invasion of Ukraine