ECB leaning towards keeping banks’ minimum reserve level at 1%
THE European Central Bank (ECB) is leaning against any immediate change in the amount of money lenders need to park with it...
Eurozone lending stagnates as recovery remains elusive: ECB
BANK lending to companies and households in the eurozone stagnated last month, indicating the bloc’s long-awaited economic recovery has yet to gain...
German, Dutch central banks post big losses, warn of more
THE German and Dutch central banks on Friday (Feb 23) posted multi-billion euro losses for 2023 and predicted more financial pain ahead...
Eurozone inflation expectations edge up for the year ahead: ECB
INFLATION expectations among eurozone consumers rose for the year ahead and held steady for three years out, a new survey by the...
Eurozone wage growth slowed in fourth quarter: ECB
NEGOTIATED pay in the eurozone rose 4.5 per cent at the end of 2023, according to the European Central Bank – soothing...
Shareholder returns are at peak for European banks: JPMorgan
EUROPEAN banks’ capital returns to shareholders may have already reached a peak, according to JPMorgan Chase strategists.
Cracks start to emerge in global central bank synchronicity
THE four-year synchronisation among developed-world central banks might be about to weaken as domestic drivers take over from global trends in determining...
Eurozone’s low productivity may slow inflation’s fall: ECB
Europe’s sluggish productivity growth may slow the fall in inflation to the European Central Bank’s 2 per cent target, ECB policymaker Isabel...
ECB’s Lagarde says wages gaining importance as inflation driver
EUROPEAN Central Bank president Christine Lagarde said rising salaries are becoming an ever-more significant factor as policymakers assess when they can begin...
Eurozone inflation slows to 2.8% in January
EUROZONE inflation fell in January due to a slowdown in food price increases, official data showed on Thursday (Feb 1), but the...