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ECB cuts rates even as inflation fight goes on

June 07, 2024 2:19 am

Inflation in services, which some policymakers have singled out as especially relevant because they reflect domestic demand, has been a particular concern after a rise to 4.1% in May from 3.7% a month earlier.

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Developed countries will keep interest rates high

November 04, 2023 2:05 pm

Express View: During this period of uncertainty, policymakers in India must ensure macroeconomic stability

ECB keeps rates on hold, rejects talk of future cuts

October 26, 2023 7:52 pm

ECB President Christine Lagarde told a press conference the euro zone economy was weak but stressed that price pressures remained strong and could be aggravated further if the Middle East conflict pushed energy costs higher.

European Central Bank hikes interest rates for ninth time to combat inflation

July 27, 2023 6:28 pm

ECB President Christine Lagarde had all but promised the quarter-percentage point increase.

European Central Bank hikes rates again and vows more after US Fed hits pause

June 15, 2023 9:07 pm

ECB President Christine Lagarde said more hikes, including at the bank's next meeting on July 27, are in the cards.

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Express View: Navigating an economically uncertain environment safely

March 23, 2023 11:06 pm

US Fed hikes rates as inflation remains high. With fears over financial stress persisting, central banks must remain watchful

ECB raises rates as planned despite banking turmoil

March 17, 2023 8:31 am

Euro zone bank shares have been in freefall this week, spooked first by SVB's collapse, then a plunge in the value of Credit Suisse, a lender that has long been dogged by problem.

European Central Bank set to outdo Fed with half-point hike

February 02, 2023 4:00 pm

The ECB started raising rates in July, four months after the Fed did, and from lower levels — including below zero for one of its key benchmarks.

IMF lifts 2023 growth forecast on China reopening, strength in US, Europe

January 31, 2023 8:57 am

The IMF said global growth would still fall to 2.9% in 2023 from 3.4% in 2022, but its latest World Economic Outlook forecasts mark an improvement over an October prediction of 2.7% growth this year with warnings that the world could easily tip into recession.

ECB raises rates more than expected to fight off runaway inflation

July 21, 2022 6:17 pm

The ECB raised its benchmark deposit rate by 50 basis points to zero percent, breaking its own guidance for a 25 basis point move as it joined global peers in jacking up borrowing costs. It was the euro zone central bank's first rate hike for 11 years.