European Central Bank
ECB warns record inflation spells trouble for banks, governments
The European Central Bank (ECB) warned of rising stability risks for everyone from lenders to governments and households as the economic outlook darkens and...
ECB to continue raising rates even as economy suffers
The European Central Bank will continue to raise borrowing costs even as the eurozone economy suffers because letting inflation stay high would be even...
ECB pushes banks to speed up climate work
The European Central Bank (ECB) on Wednesday put pressure on eurozone banks to tackle risks stemming from climate change by threatening to impose penalties...
ECB must keep raising rates even if recession risks rise, Lagarde says
The European Central Bank must keep raising interest rates to fight off inflation, even if the probability of a euro zone recession has increased,...
ECB makes major new interest rate hike, in bid to combat inflation
The European Central Bank raised interest rates by 75 basis points and signaled further tightening ahead as it fights record inflation that is rapidly...
ECB’s De Guindos: will do whatever it takes to bring inflation down
The European Central Bank is prepared for a possible technical recession paired with high inflation, which must be brought down to maintain market confidence,...
Euro zone inflation at double-digit record piles pressure on ECB
The euro zone’s economic crisis intensified with the first ever reading of double-digit inflation, piling pressure on the European Central Bank (ECB) to keep...
Lagarde says ECB will lift rates at next ‘several’ meetings
European Central Bank President Christine Lagarde said borrowing costs will be raised at the next “several meetings” to ensure inflation expectations remain anchored and...
Euro zone inflation becoming increasingly broad, says ECB’s de Guindos
Euro zone inflation is becoming increasingly broad while growth is weakening as the bloc is struggling with the fallout from Russia's war in Ukraine,...
ECB’s Muller says rates still far from level to slow economy
European Central Bank Governing Council member Madis Muller called for “sufficiently robust and decisive” action to tackle record euro-zone inflation, saying interest rates remain...