TEXT-Statement From the ECB Following Policy Meeting
In particular, the decision to lower the deposit facility rate – the rate through which the Governing Council steers the ...
Morning Bid: Megacaps mixed as Fed pauses; ECB cut and GDP up next
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
ECB delivers quarter-point cut and little change in tone
ECB cuts the deposit rate by a quarter point to 2.75 per cent as expected and offers little shift in tone from December as it continues to move policy away from restrictive territory ...
ECB Delivers Another 25 bp Cut
The ECB (European Central Bank) continued policy normalisation today, with another 25 basis points (bps) worth of cuts across all three benchmark rates. This marks the fourth consecutive rate ...
ECB’s Lagarde Says Bulgaria Convergence Process Is Well Advanced
European Central Bank President Christine Lagarde said Bulgaria is “well advanced” in the process of meeting the criteria for joining the euro.
ECB Cuts Interest Rates By 25 Basis Points As Economy Cools, Lagarde Rejects Bitcoin As Reserve Asset
The European Central Bank lowered its key interest rates by 25 basis points on Thursday, bringing the deposit facility rate to 2.75%, as the disinflation process remains “well on track” while the ...
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Why the ECB’s Lagarde is looking out the window but could soon be rushing for the door
During the press conference, ECB President Christine Lagarde indicated that the central bank's macro assessment had hardly changed from its December meeting. The ECB still sees the disinflationary ...
ECB president ‘confident’ Bitcoin will not enter central bank reserves
Speaking at a press conference, ECB President Christine Lagarde suggested “liquid, secure and safe“ standards for central banks likely precluded Bitcoin as a reserve asset.