European Central Bank
Stay current with all the latest and breaking news from European Central Bank, compare headlines and perspectives between news sources on stories happening today. In total, 397 stories have been published about European Central Bank which Ground News has aggregated in the past 3 months.Stay current with all the latest and breaking news from European Central Bank, compare headlines and perspectives between news sources on stories happening today. In total, 397 stories have been published about European Central Bank which Ground News has aggregated in the past 3 months.
Top European Central Bank News
Europe · FrankfurtECB raises interest rates for the first time in 11 years by a larger-than-expected amount. The move raises new questions about whether the rush to make credit more expensive will plunge major economies into recession. Rising interest rates follow the end of the bank's 1.7 trillion euro stimulus program.See the Story
European Central Bank raises rates by 50 basis points, its first hike in 11 years
47% Center coverage: 51 sources
Europe · BrusselsThe eurozone economy grew by 0.7 percent on the quarter, accelerating from 0.5 percent in the first three months of the year. The strong performance was driven by rapid growth in Spain and Italy. headline inflation accelerated to 8.9 percent in July, up from 8.6 percent in June.See the Story
Euro zone inflation hits yet another record high after big jump
49% Center coverage: 37 sources
Europe · FrankfurtThe European Central Bank's rate-setting Governing Council will hold an unscheduled meeting on Wednesday. Bond yields have risen sharply since the ECB promised a series of rate hikes last Thursday. The euro surged around a half a percent to 1.0475 against the dollar early on Wednesday after the ECB's announcement. The meeting comes on the same day that the U.S. Federal Reserve is expected to hike interest rates, possibly by as much as 75 basis points.See the Story
European Central Bank announces emergency meeting to discuss market rout
42% Center coverage: 26 sources
Latest News Stories
Business · New YorkThe major averages saw further downside going into the close, ending the session at their worst levels of the day. The sell-off came as traders looked ahead to the release of a Labor Department report on consumer price inflation on Friday. The inflation data could have an impact on the outlook for monetary policy ahead of the Federal Reserve's decision on interest rates next Wednesday. In the bond market, treasuries showed a lack of direction before closing modestly higher.See the Story
Dow Drops 600 Points Ahead Of Looming Inflation Report
47% Center coverage: 28 sources
Europe · BrusselsEU's official data agency said that gross domestic product in the 19-country eurozone grew by 0.7 percent in the second quarter. The war in Ukraine has seen the price of natural gas and grocery items skyrocket, with inflation in the single-currency area inching up to yet another new record of 8.9 percent in July. Europe's industrial powerhouse Germany continued to be the worst affected by the war.See the Story
Euro zone economy grows 0.7% in the second quarter despite gas crisis and inflation surge
56% Center coverage: 16 sources
Europe · FrankfurtECB outlines plan to shield weaker eurozone economies from rising borrowing costs. Move signals that the bank will stand behind the region's embattled governments. Bond yields in southern Europe have surged by much more than those in Germany. Borrowing costs for Southern European countries have jumped in recent days.See the Story
ECB to devise new tool to help indebted euro zone members
50% Left coverage: 16 sources
BitcoinECB's interest in identifying the best cross-border payment solution stems from the fact that it serves as the central bank of the 19 European Union countries which have adopted the euro. The study highlighted Bitcoin's inherent scaling and speed issues, but failed to consider the timely upgrades to the network.See the Story
European Central Bank bets on CBDCs over BTC for cross-border payments By Cointelegraph
100% Center coverage: 2 sources
EuropeECB to raise interest rates by a quarter of a percentage point in July. Further hikes planned for later in the year. Bank also intends to end its bond-buying stimulus programme on 1 July. ECB's main policy interest rate is currently at -0.50% and could be back at zero by September.See the Story
Eurozone interest rates set to rise for first time in 11 years
Coverage: 2 sources
RecessionThe Consumer Expectations Survey is used by policymakers for input in their deliberations. It showed euro zone households were beginning to lose faith in the ECB's ability to bring inflation back down. The ECB raised interest rate by 50 basis points last month and guided for more hikes in the months ahead to fight record-high euro zone inflation.See the Story
Euro zone consumers brace for recession and high inflation - ECB survey
67% Center coverage: 3 sources
EconomyThe eurozone's monetary authority is raising interest rates for the first time in over a decade. The move has forced bond investors to reassess the debt sustainability of Italy. The bloc's third largest economy has been hit by fresh political turmoil and struggles under a growing debt pile.See the Story
Europe’s economy feels the heat from every direction
100% Right coverage: 1 sources
