Tag: Central bank
ECB increases interest rates by a further 0.25 percentage points
ECB in Frankfurt am Main The full impact of the many interest rate steps is still unclear. (Photo: dpa) Frankfurt The European Central Bank (ECB) continues to raise interest rates…
This is how President Lagarde explains the tenth interest rate increase in a row
The central question is also asked right at the beginning: Does today’s increase mean the end of the interest rate hike cycle? Lagarde remains cautious and refers to the content…
What to look out for at the ECB meeting
However, it has to face the accusation of having started too late – and possibly weakening the economy even further. An interest rate break – the first since summer 2022…
Claudia Buch becomes the new head of the ECB Banking Supervision
Claudia Buch According to insiders, the economist had the support of ECB President Christine Lagarde. (Photo: imago images/IPON) Frankfurt, Berlin Claudia Buch is likely to become the top bank controller…
Are the interest rate peaks imminent? The ECB has these three options
ECB President Christine Lagarde will explain the Governing Council’s decision on Thursday. (Photo: AP) Frank Wiebe Benjamin Dietrich gets to the heart of the uncertainty. “It’s a coin toss,” replied…
The turnaround in interest rates has shifted the power structure in the ECB
Key figures on the Governing Council Philip Lane, Isabel Schnabel, Christine Lagarde and Joachim Nagel. (Photo: Bloomberg, Reuters, dpa, mauritius images) Frankfurt When it comes to showing determination, Christine Lagarde…
What to expect from the Fed and ECB this week
The US Federal Reserve in Washington It is likely that the Fed will hike rates for the last time on Wednesday. (Photo: AP) Frankfurt Will we see the interest rate…
The Russian central bank unexpectedly raises the key interest rate
Vilnius The central bank had kept the key interest rate stable for months, now Russia’s central bank chief Elvira Nabiullina is making a U-turn: For the first time since the…
The Russian central bank unexpectedly raises the key interest rate
Elvira Nabiullina, Head of the Central Bank One reason is the weakness of the national currency, the ruble, which continued to lose value in the wake of the turmoil caused…
Reduced chances for chief post at ECB banking supervision
Claudia book The economist is currently Vice President of the Bundesbank. (Photo: imago images/IPON) Frankfurt Bundesbank Vice President Claudia Buch has suffered a setback in the race for the post…
Volkssport Tax evasion – Greek government wants to take tougher action against tax evaders
Kyriacus Mitsotakis The Greek Prime Minister declares war on tax evasion. (Photo: Reuters) Athens During the Greek election campaign, all sorts of things were talked about, but one word never…
Australia’s central bank will be headed by a woman
Michele Bullock The new governor has been with the central bank since 1985. (Photo: via REUTERS) Bangkok In 2012, Michele Bullock answered the question of how long it would be…
According to the Beige Book, the US economy is growing again
Fed Chair Jerome Powell People surveyed by the US Federal Reserve expect slow growth in the coming months. (Photo: Reuters) Washington According to the US Federal Reserve, the economy in…
The ruble falls and falls – Now Russia is threatened with inflation
Russia’s central bank governor Nabiullina It is very likely that the powerful central banker will raise the key interest rate this month. (Photo: Reuters) Riga Shortly after Russia invaded Ukraine…
The US Federal Reserve is signaling further rate hikes throughout the year
US Federal Reserve Chairman Powell Inflation in the USA has fallen sharply, but is still far too high. (Photo: Bloomberg) Washington After the interest rate pause in mid-June, the US…
Only Buch and Delgado remain in the running for the post of head of banking supervision
Claudia book The Bundesbank Vice President is responsible for financial stability at the central bank, among other things. (Photo: Reuters) Frankfurt The field of female candidates to succeed Andrea Enria,…
Turkey’s central bank signals further rate hikes
Turkish woman before the central bank meeting in Istanbul Many Turkish consumers are suffering from the sharply increased prices for food and other goods. (Photo: dpa) Istanbul After the turnaround…
Inflation rate in the euro area falls to 5.5 percent
Cheese counter in the supermarket Prices continue to rise, but not quite as much. (Photo: IMAGO/Martin Wagner) Frankfurt Inflation in the euro area continues to decline. In June, consumer prices…
ECB Director Fabio Panetta is to lead the Italian central bank – a position at the top of the ECB will become vacant
ECB Executive Board member Fabio Panetta The 63-year-old is expected to move from Frankfurt to Rome soon. (Photo: REUTERS) Frankfurt ECB board member Fabio Panetta is to become the new…
Bond investors file lawsuit against former Credit Suisse bosses
UBS completes takeover of Credit Suisse – banking giant is born UBS has completed the world’s most significant bank takeover since the financial crisis. According to an open letter published…