Tag: Central bank
Inflation in the euro area falls in May
A full shopping cart The price pressure in the euro area is weakening. (Photo: AP) Frankfurt The price pressure in the euro area eased significantly in May. Consumer prices rose…
Inflation in the euro area falls in May
A full shopping cart The price pressure in the euro area is weakening. (Photo: AP) Frankfurt The price pressure in the euro area eased significantly in May. Consumer prices rose…
Fed director hints at interest rate pause in June
Phillip Jefferson According to the Fed director, such a pause after the series of increases would allow the monetary authorities to view further economic data. (Photo: Reuters) Washington According to…
It’s up to governments to get inflation under control, not central banks
European Central Bank in Frankfurt In his book, the author strongly criticizes the ECB for not having enough resources to combat inflation. (Photo: imago images/Hans Lucas) Dusseldorf Bundesbank President Joachim…
Dutch central bank governor: “Need more rate hikes”
Klaas Knot The head of the Dutch central bank considers further rate hikes to be likely. (Photo: Bloomberg) Paris The head of the Dutch central bank, Klaas Knot, expects interest…
Fed minutes show willingness of monetary authorities to pause interest rates
Federal Reserve The Federal Reserve has kicked rates up from near zero to a range of 5.00 to 5.25 percent since early 2022. (Photo: Reuters) Washington US monetary authorities are…
Fed minutes show willingness of monetary authorities to pause interest rates
Federal Reserve The Federal Reserve has kicked rates up from near zero to a range of 5.00 to 5.25 percent since early 2022. (Photo: Reuters) Washington US monetary authorities are…
The Turkish economy has had enough of “erdonomics”
An Erdogan election poster Various analysts expect the lira to weaken further against the euro and dollar if Erdogan wins the runoff as expected. (Photo: IMAGO/ZUMA Wire) Istanbul Investors apparently…
Jean-Claude Trichet sees no return to the low-inflation era
Jean Claude Trichet The Frenchman was President of the European Central Bank (ECB) from 2003 to 2011. (Photo: imago/Independent Photo Agency) Frankfurt As its second president, Jean-Claude Trichet led the…
25 years of the ECB – the eternal provisional
Can this go well? A single central bank for meanwhile 20 European countries, plus Andorra, Monaco, San Marino and the Vatican as officially associated mini-countries. In addition, Montenegro and Kosovo…
Turkey’s central bank sells tons of gold
gold bar Last year, Turkey was the front runner among central banks when it came to gold purchases. (Photo: dpa) Frankfurt Turkey’s central bank dumped dozens of tons of gold…
The British central bank increases interest rates by 0.25 percent
Andrew Bailey The head of the British central bank does not rule out another rate hike. (Photo: Reuters) London The Bank of England (BoE) is defying persistently high inflation with…
Why the price of gold is defying rising interest rates
gold bar Gold almost reached record levels after the Fed’s decision. (Photo: imago images/Newscast) Frankfurt The US Federal Reserve has hiked interest rates nine times in just over a year.…
Central bank raises interest rates by 0.25 percentage points
Frankfurt The European Central Bank (ECB) is continuing to raise interest rates. However, for the first time since the start of the hike process, the central bank decided to take…
Central bank raises interest rates by 0.25 percentage points
View of the ECB in Frankfurt Another rate hike. (Photo: AP) Frankfurt The European Central Bank (ECB) is continuing to raise interest rates. However, for the first time since the…
President Lagarde explains the renewed interest rate hike in the euro area
As expected, the ECB raised interest rates in the euro area. For the first time since the beginning of the rate hike cycle last summer, the central bank chose an…
What matters at Thursday’s interest rate meeting
View of the ECB tower In April, inflation in the euro area was 7.0 percent. (Photo: AP) Dusseldorf, Frankfurt In Germany, it is rare for government officials to comment on…
Fed raises key interest rate by 0.25 percentage points despite the banking crisis
Federal Reserve Building With their move, the central bankers are responding to persistently high inflation. (Photo: Reuters) new York The US Federal Reserve (Fed) is staying the course. As planned,…
That’s what matters at today’s Federal Reserve meeting
Jerome Powell on a screen at the New York Stock Exchange It is unlikely that the President of the US Federal Reserve will comment specifically on his next plans. Investors…
Japan’s central bank announces review of its ultra-loose monetary policy
Tokyo Japan’s new central bank chief Kazuo Ueda announced at his first meeting on Friday that he intends to review Japan’s ultra-loose monetary policy. The Bank of Japan (BoJ) maintained…