Tag: ECB
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ECB hikes rates for ninth time, despite recession fears
[ad_1] Listen to article The European Central Bank raised interest rates for the ninth consecutive time on Thursday (27 July), even as the risk of recession is growing. The bank has now increased borrowing costs by 4.25 percent since last summer, to the highest it has been since the euro was introduced. Read and decide…
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The Week Ahead: Fed, ECB and BoJ set rates, and Big Tech earnings in spotlight
[ad_1] Receive free Global Economy updates We’ll send you a myFT Daily Digest email rounding up the latest Global Economy news every morning. This article is an on-site version of our The Week Ahead newsletter. Sign up here to get the newsletter sent straight to your inbox every Sunday Hello and welcome to the working…
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Investors bet on ‘great divergence’ between Federal Reserve and ECB
[ad_1] The Federal Reserve and the European Central Financial institution delivered rate of interest rises this week, however traders now count on price setters within the US and the eurozone to maneuver in reverse instructions. Following 10 consecutive price rises, markets predict the Fed has completed its tightening cycle and will begin reducing charges as…
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ECB Raises Interest Rates by 25bps Amid ‘Too High’ Inflation, ‘No Pause,’ Lagarde Says – Finance Bitcoin News
[ad_1] The European Central Financial institution (ECB) raised its key rates of interest by 25 foundation factors, slowing the tempo from earlier will increase. Nonetheless, as inflation within the euro space stays persistently excessive, future charge hikes should still be anticipated with the regulator insisting it’ll proceed to hunt a “well timed return” to its…
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US-China economic rivalry leaves EU squeezed, ECB worried
[ad_1] Alarm bells have been ringing in Strasbourg and New York over the more and more fierce world competitors between the US and China — and the place that leaves European economies. European Central Financial institution president Christine Lagarde warned on Monday (17 April) that fragmentation of the world economic system into rival blocs, led…