ECB could raise rates in 2022, new Bundesbank chief says
The European Central Bank could raise interest rates this year as high inflation is proving more persistent than once thought, Bundesbank President Joachim Nagel told German newspaper Die Zeit on Wednesday.
EXCLUSIVE ECB’s Kazaks says July rate hike is unlikely
The European Central Bank could end its stimulus programme earlier than planned but it is unlikely to raise its main interest rate in July as investors are expecting, ECB policymaker Martins Kazaks told Reuters.
ECB on hold but may acknowledge inflation risks
The European Central Bank is all but certain to keep policy unchanged on Thursday but could acknowledge that inflation could stay high for longer than it had projected, a signal that some may take as a hint at a faster exit from stimulus.
Analysis: Investors bank on real yields to boost dollar in months ahead
The dollar’s choppy start to the year has not dissuaded some investors from betting the U.S. currency will soon resume its march higher, lifted by a hawkish Federal Reserve and rising real yields.
Countdown to central bank meetings caps stocks’ advance
Shares rose in Europe on Wednesday as investor sentiment continued to steady after a rout last month, but the advance was capped by concerns over how fast central banks will raise interest rates to quell soaring inflation.
Inflation stations: Five questions for the ECB
Record euro area inflation rates mean price pressures will top the agenda for European Central Bank policymakers meeting on Thursday.
Swiss National Bank sticks to loose policy, diverging from Fed and others
The Swiss National Bank stuck to its ultra-loose monetary policy on Thursday, diverging from the tightening path being taken by a growing number of central banks and despite higher inflation and a surge in the value of the safe-haven Swiss franc.
Adopting transparency in the FX industry
The use of FX benchmarks has steadily and significantly increased as a result of market demand for risk transparency and more precisely defined measurement. In the forex world, they have become a mainstay trading mechanism. Even though the alternatives (WM/Refinitiv London 4 pm Fix and the Bloomberg FX Fixings (BFIX) family of benchmarks) pose significant […]
Energy, services boost euro zone inflation in May as expected
A sharp spike in energy prices and more expensive services boosted euro zone consumer inflation in May as expected, data confirmed on Thursday, taking the rate of price growth just above the European Central Banks target.
