European Central Bank
Choppy markets threaten ECB’s ‘good place’ but rates still firmly on hold
The euro zone’s central bank has been on hold since ending a year-long run of rate cuts in June
Eurozone banks unexpectedly tighten firms’ credit standards
Concerns about the outlook for companies and the broader economy, as well as banks’ lower risk tolerance, have contributed to the move, the ECB says
Global central bankers defend Fed’s Powell after Trump threat
Central bankers fear that political influence over the Fed would erode trust in the bank’s commitment to its inflation target
Attacks on Fed independence undermine US dollar: ECB’s Villeroy
He says fears of the US weaponising dollar-based payments are driving some to build alternatives
Rich world’s rate-cut momentum is fading away
Central bankers are stepping back to assess how their progress so far is impacting growth and inflation
ECB’s Schnabel says she’d be ‘ready’ to succeed Lagarde if asked
While the German’s term is non-renewable, ECB lawyers believe it is an obstacle surmountable via a loophole found in 2018
ECB’s Lagarde says interest rates are at correct level
Most officials have signalled they do not see a need to adjust borrowing costs when they meet in December
Eurozone to get hard data on tariff damage as ECB sets rates
Analysts expect the bloc to maintain the minimal 0.1% expansion it managed in the three months to June
More ECB rate cuts increasingly unlikely, Wunsch says
Inflation is set to dip to 1.7% next year before rising back to target in subsequent years
Eurozone inflation at five-month high will keep ECB on hold
Higher costs of energy and air fares will have pushed up price growth
