Tag: European Central Bank interest rates hike

The European Central Bank is expected to continue raising its interest rates as it looks to continue suppressing inflation, Belgian central bank chief Pierre Wunsch believes. He added that a repeat of the 2008 financial crisis is unlikely as European banks have been subjected...

Bank of Italy governor Ignazio Visco insisted on Saturday that the European Central Bank must avoid pushing real interest rates too high. An ECB Governing Council member, Visco explained that he is concerned about the level of private and public debt in the euro...

The European Central Bank (ECB) is expected to raise its interest rates by 50 basis points in February followed by another 50 basis point hike in March. This comes after ECB governing council member Klaas Knot explained during an interview with Dutch broadcaster WNL...

European stocks fell on Thursday as investors anxiously await the highly-anticipated European Central Bank announcement later this week. The pan-European STOXX 600 index slipped 0.3%, thereby falling from its five-week high achieved at closing on Wednesday. Credit Suisse was hit particularly hard, plummeting by...

Bundesbank Chief Joachim Nagel recommended that the European Central Bank continue increasing its interest rates so as to repel the recession that Germany seems likely to face otherwise. Nagel stressed the importance of acting quickly in order to tackle the high inflation, explaining, “the...

After holding out as much as possible, the European Central Bank (ECB) has caved in and increased its interest rates in an attempt to tame the surging inflation. The 50 basis points increase is the first since 2011 and the biggest since the early...