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Showing 1 - 10 of 651 results for "ECB"

ECB drops interest rates to 3.25%

KARREN VERGARA  |  FRIDAY, 18 OCT 2024
The European Central Bank (ECB) has lowered interest rates for the third time this year by 25 basis points to 3.25%. The decision affects three key areas: the deposit facility, main refinancing operations, and marginal lending facility, which will decrease ...

ECB cuts rates for second time

KARREN VERGARA  |  FRIDAY, 13 SEP 2024
The European Central Bank (ECB) dropped interest rates to 3.5%, the second time it's cut by 0.25% this year. The bank lowered rates on the back of inflation data that met its outlook. It anticipates headline inflation to average 2.5% in 2024, 2.2% in ...

ECB drops interest rates to 3.75%

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
The European Central Bank (ECB) cut interest rates by 0.25% to 3.75% - the first decrease in five years. The rate cut affects three key ECB interest rates based on an inflation outlook, the dynamics of underlying inflation, and the strength of monetary ...

ECB raises rates to record high of 4%

CASSANDRA BALDINI  |  FRIDAY, 15 SEP 2023
Overnight, the European Central Bank (ECB) raised interest rates by a further 25 basis points to a historical peak of 4%, saying inflation is simply still too high. The governing council remains determined in its efforts to drag inflation back down ...

Central banks to tighten on all sides: BlackRock

CHLOE WALKER  |  TUESDAY, 1 NOV 2022
... pushing inflation back down to their targets, according to the BlackRock Investment Institute (BII). The European Central Bank (ECB) raised rates another 0.75%, and BII expects the Fed to do the same this week. "That's a record pace for the ECB ...

Global dividend income growth to continue: Plato

CHLOE WALKER  |  TUESDAY, 25 JAN 2022
... to the report, financials were the largest dividend payer in 2021, and as European and US banks move past mandated Fed and ECB restrictions, there is an increasingly positive outlook for dividends from the sector. "Despite the recent elevation in risk ...

Economic recap: Week to July 23

BENJAMIN ONG  |  MONDAY, 26 JUL 2021
... markets to anticipate that it would further QE at its November policy review. Not anymore. Offshore, the European Central Bank (ECB) took centre stage last week. While it preserved the status quo on monetary at the conclusion of its 22 July meeting ...

Economic recap: Week to July 9

BENJAMIN ONG  |  MONDAY, 12 JUL 2021
... travelling to Spain. The UK, in turn, is proceeding to lift restrictions as planned on July 19. The European Central Bank (ECB) released its new monetary policy strategy - resulting from the review launched in January 2020. Under the new strategy, the ...

Economic recap: Week to July 2

BENJAMIN ONG  |  MONDAY, 5 JUL 2021
... rising cases of Delta variant infections had markets concerned over increased restrictions or delayed reopening. These affirm ECB president Lagarde's view that the economy while starting to rebound, it remains fragile. Similarly, flash estimates ...

Chief economist update: Anchoring the recovery

BENJAMIN ONG  |  TUESDAY, 15 JUN 2021
... inflation anchoring and we are not oblivious to that. But the recovery needs to be firm, solid and sustainable." These were ECB president Christine Lagarde's answers to an interview with 'Politico' asking how long the single-currency region's ...
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