European Central Bank
European Central Bank News
'Doctor Doom' Nouriel Roubini spells weekend meltdown for Credit Suisse
The European Central Bank has already committed to raising its deposit rate by 50 bps to 3 per cent on Thursday
European Central Bank hikes rates again, vows more in March
The ECB lifted its key rates by half a percentage point, as widely expected, seeking to curb soaring prices of energy and food fuelled by Russia's invasion of Ukraine
European Central Bank expected to hike rates again, but outlook brightens
After Russia's invasion of Ukraine sent energy and food costs soaring across the single currency area, the ECB embarked on the most aggressive cycle of monetary policy tightening in its history
European Central Bank mulls rate hike slowdown on 'peak inflation' hopes
ECB governors may take heart from November's eurozone inflation data, which showed prices slowing for the first time in 17 months on the back of cooling energy costs
European Central Bank poised for bumper rate hike to tame soaring inflation
Eurozone inflation hit 9.1 per cent in August, a record in the history of the single currency and well above the two-per cent rate targeted by the ECB
Euro makeover: Austrian banknote artist Robert Kalina fears redesign could revive rivalries
The European Central Bank said the bills were ready for a makeover and announced a design and consultation process with a decision expected in 2024
Reserve Bank of India becomes world's first central bank to reach 1 million Twitter followers
What makes the achievement all the more impressive it that the 85-year-old Reserve Bank was a latecomer to the world of Twitter, creating its account only in January 2012
Stock Market Latest Updates: Sensex gains over 800 points, Nifty above 9,800-mark; Bajaj Finance top gainer, jumps over 10%
Stock Market Latest Updates: Sensex gains over 800 points, Nifty above 9,800-mark; Bajaj Finance top gainer, jumps over 10%
Stock Market Latest Updates: Sensex jumps 416 points, Nifty above 9,200-mark; rupee rises 21 paise to 76.24
Stock Market today LIVE Updates: Sensex rises over 550 points, Nifty above 9,300-level; IndusInd Bank up 6%
Asia stocks pull ahead on rebound in crude prices, promise of more US govt aid to cushion economy
Better-than-expected US corporate earnings also lifted equities, analysts said, though overall sentiment remained fragile as the pandemic cut a destructive path through the world economy
Stock Market Latest Updates: Sensex tanks over 1,000 points, Nifty below 9,000-mark; except pharma, all other sectoral indices end in red
Stock Market Today LIVE Updates: Sensex plunges 870 points, Nifty at 9,000-level; Rupee slips 26 paise to 76.79 against dollar
Fed, Bank of England ramp up emergency responses to escalating coronavirus recession; push deeper into uncharted territory
The Fed, in its boldest move to date to soften the historic shutdown of much of the US economy, pledged $2.3 trillion to help local governments on the front lines of the health crisis and to prop up small and mid-sized businesses.
Coronavirus Outbreak: European banks are well-prepared for a crisis, just not this particular one
The financial impact of the coronavirus — visible in shuttered factories, empty airports and desolate downtowns — makes government worst-case scenarios, a 4.3 percent decline in European Union economic output by the end of 2022, seem mild
ECB to print 1 tn euro this year to stem coronavirus-induced financial rout
Crucially, the ECB said it was prepared to increase the size and duration of its purchases if necessary and review any constraint that stand in its way - a likely reference to a cap on owning more than a third of any country’s debt.
Dollar shines as investors scramble for world's most liquid currency amid deepening panic about coronavirus
The dollar held gains against most currencies after a blowout in swap spreads showed investors are facing a shortage of dollars as equity markets plunged on fears about the economic impact of the flu-like virus
Gold set for biggest weekly drop in nearly seven years after rout in global equities on coronavirus-led sell-off
Spot gold was down 0.9 percent to $1,562.30 an ounce by 0139 GMT, after a more than 3 percent sell-off in the previous session. For the week, it was down about 6.7 percent--the biggest since June 2013
Stock rebound stalls as doubts about US stimulus package to fight coronavirus outbreak response grows
Many analysts say investors need to remain on guard for further market volatility because the coronavirus still poses a risk to public health in many countries, which could place additional strain on the global economy
Asian markets skid again; selling restrained by hopes of central bank rate cuts, stimulus talks
Speculation of more central bank rate cuts and possible fiscal stimulus saw US Treasury yields edge up from historic lows, and oil prices paused after the steepest fall since the 1991 Gulf war.
Gold set for third monthly gain; coronavirus pandemic fears lift rate-cut bets, epidemic may result in global, US recessions
Spot gold was unchanged at $1,642.03 per ounce. The metal was on track for a third straight monthly gain, advancing over 3.5 percent so far this month.
Fed seen cutting rates amid virus threat, low inflation to cushion economy from effects of coronavirus
Unlike many other central banks, the Fed still has some room to cut interest rates, although officials there have said that they want to see a “material change” in the economic data before they take further action after cutting rates three times last year.