For the second time in the current cycle of monetary policy easing, the European Central Bank cut interest rates, confirming market expectations. In particular, as stated in the relevant announcement, the Board of Directors decided today to reduce the interest rate on the deposit acceptance facility – the interest rate through which it gives the … Read more
The European Central Bank lowered its key interest rates on Thursday as expected. But when will the next interest rate hike come? The European Central Bank already announced its monetary policy turnaround in June – after much criticism – completed. Now it has driven the stakes even lower on Thursday. And rightly so. Inflation in … Read more
Promises live on, even if they are not kept. The European Central Bank (ECB) promises the 350 million people in the monetary union that their euro will be worth as much tomorrow as it is today. This is written immutably on its website, as if the past three years had never happened. During this period, … Read more
It is worth comparing construction financing: How interest and repayment affect the costs 02.09.2024, 14:59 Listen to article This audio version was artificially generated. More info | Send feedback The ECB has just lowered the key interest rates by 0.25 to 4.25 percentage points. This should actually make loans cheaper. But things are different when … Read more
This year’s Jackson Hole symposium has a special feature, as it takes place in the middle of the election season. And the election is undoubtedly a big challenge for independent central banks. This is because the monetary policy makers cannot on the one hand prejudge the outcome, and on the other hand know what the … Read more
The markets are breathing a sigh of relief today, and in Germany there is an attempt at a market recovery. Commerzbank is also benefiting from this. Tomorrow the bank will present figures for the past quarter. In the coming months, monetary policy is likely to be the focus for financial stocks. On Tuesday, the markets … Read more
The possibility of inflation in the eurozone falling below the 2% target was pointed out by the governor of the Bank of Greece, Giannis Stournaras, in an interview he gave to Platow.de As he specifically stated, “new signs of weak economic activity and a high level of uncertainty are very likely to push inflation lower … Read more
This week was largely dominated by inflation in america, which once more got here in decrease than anticipated when the buyer worth index (CPI) was launched. This will increase optimism concerning the variety of rate of interest cuts by the Federal Reserve, the US central financial institution, which in concept is nice for bitcoin (BTC) … Read more
A storm within the European markets and reflection on the subsequent day relating to the European edifice was brought on by the early elections in France, then the rise of far-right events within the European elections, as political danger returned, bond yields and the chance premium of susceptible international locations, i.e. primarily of France and … Read more
Fiscal bellwether from the European Central Financial institution, which warns that eurozone international locations face “important fiscal burdens” and elevated debt from an growing old inhabitants, additional protection spending and local weather change. The ECB emphasizes that these developments make it extra crucial to scale back their excessive debt ranges. Central financial institution officers estimated … Read more