The European Central Bank (ECB) applied a cut in interest rates of 25 basis points; the first since 2019, according to the director of the entity, Christine Lagarde.
The rate cut comes after a nine-month period of the highest levels in the region. In this sense, the ECB indicated that the interest…
Read More...
Browsing Tag
European Central Bank
ECB foresees increase in inflation in the Eurozone
During the first month of the year, inflation in the Eurozone has increased by 0.1 %, so the European Central Bank expects the trend to continue in the coming months.
The ECB published this Friday in a press release: “Inflation…
ECB will begin preparation phase for the digital euro
This Wednesday, the European Central Bank announced the start of the test phase for a possible digital euro starting next November 1.
Members of the ECB council indicated that with this preparation phase, aspects such as the necessary…
ECB will update the design of euro banknotes
This August 31 closes the period open to the public by the European Central Bank to make proposals on the reasons that could include the euro banknotes that will enter circulation in 2026.
The ECB has collected thousands of proposals…
Most Germans are skeptical about the creation of the digital euro
The majority of citizens in Germany are skeptical of the plans of the European Central Bank (ECB) to create the digital euro and consider that it is not necessary, according to a survey released this Saturday.
76 % of the people who…
Central banks return to the frequency of dollar injections prior to the Credit Suisse crisis
The Bank of England, the Bank of Japan, the European Central Bank (ECB) and the Swiss National Bank, in consultation with the United States Federal Reserve (Fed), jointly decided to reverse the frequency of their operations to inject dollar…
The ECB raises interest rates to control inflation
The European Central Bank (ECB) announced a half percentage point increase in the interest rate, raising it from 2.5 % to 3.0 % on average for deposit returns.
In a press release, the ECB explained that the increase will be reflected in…
Credit Suisse collapses on the stock market and asks the BCS for support
The negative effects of the bankruptcy of Silicon Valley Bank in the United States reached Europe. This Wednesday, Credit Suisse suffered a collapse of shares on the stock market and has requested a rescue from the Swiss Central Bank.…
ECB will study the response of banks to cyberattacks
The head of supervision of the European Central Bank, Andrea Enria, recently stated that the entity carried out a measurement of the response capacity of banks to cyberattacks.
Since the beginning of the war between Russia and Ukraine, the…
The ECB will analyze the risks of climate change for the financial sector
The European Central Bank (ECB) has announced that it will now use a series of environmental statistical indicators to monitor climate risks in the financial sector and to promote a sustainable banking system.
These new indicators will be…
ECB forecasts “very strong” growth in wages in coming quarters
Wage growth in the coming quarters will be "very strong" compared to historical patterns in the eurozone, according to economists from the European Central Bank (ECB) in an article in the latest bulletin of the institution. In the document,…
ECB prepares guidelines for digital assets
The European Central Bank (ECB) is working on the criteria that it will apply when harmonizing the necessary requirements to authorize cryptocurrencies in the region.
Through a statement issued this week, the banking supervision division…