Explainer-ECB to start offloading debt to fight inflation

  • December 02, 2022 11:53 PM AEDT | Reuters
 Explainer-ECB to start offloading debt to fight inflation

FRANKFURT (Reuters) - The European Central Bank is all but certain to start offloading some of its 5 trillion euro ($5.3 trillion) bond stash next year as it ramps up efforts to bring down record-high

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UPDATE 1-Euro zone banks not facing up to reality of downturn, ECB says

UPDATE 1-Euro zone banks not facing up to reality of downturn, ECB says

  • December 01, 2022 07:58 PM AEDT | Reuters

(Adds detail) FRANKFURT, Dec 1 (Reuters) - Euro zone banks have not yet fully faced up to the reality of an economic downturn, so finance industry supervisors will need to force them to be more

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Euro zone banks still not facing up to reality of downturn, ECB says

Euro zone banks still not facing up to reality of downturn, ECB says

  • December 01, 2022 07:14 PM AEDT | Reuters

FRANKFURT, Dec 1 (Reuters) - Euro zone banks face a marked deterioration of asset quality but many as still working with excessively benign assumptions, so supervisors will need to force increased "

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Fed officials do not see any near change to balance sheet drawdown

Fed officials do not see any near change to balance sheet drawdown

  • December 01, 2022 10:37 AM AEDT | Reuters

By Michael S. Derby NEW YORK (Reuters) - Top Federal Reserve officials are showing no appetite for slowing the pace of the central bank's balance sheet reduction, pushing back on outside observers'

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UPDATE1-ECB says Bitcoin is artificially propped up, shouldn't be legitimised

UPDATE1-ECB says Bitcoin is artificially propped up, shouldn't be legitimised

  • December 01, 2022 12:21 AM AEDT | Reuters

(Updates with comment from authors) FRANKFURT, Nov 30 (Reuters) - Bitcoin is being artificially propped up and should not be legitimised by regulators or financial companies as it is more akin to

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Euro zone inflation drops, bolstering hopes for smaller ECB hike

Euro zone inflation drops, bolstering hopes for smaller ECB hike

  • November 30, 2022 09:07 PM AEDT | Reuters

FRANKFURT (Reuters) -Euro zone inflation eased far more than expected in November, raising hopes that sky-high price growth is now past its peak and bolstering, if not outright sealing the case for a

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ECB warns of losses as it pays price for decade of money printing

ECB warns of losses as it pays price for decade of money printing

  • November 30, 2022 12:37 AM AEDT | Reuters

FRANKFURT (Reuters) - The European Central Bank warned on Tuesday that it might make a loss as high inflation forces it to raise interest rates and foot the bill of a decade of aggressive money

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ECB's Lagarde says we haven't reached inflation peak

ECB's Lagarde says we haven't reached inflation peak

  • November 29, 2022 01:49 AM AEDT | Reuters

FRANKFURT (Reuters) - Euro zone inflation has not peaked and the risk is that it will turn out even higher than currently expected, European Central Bank President Christine Lagarde said on Monday. "

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ECB's Lagarde keeps options open on path for rates

ECB's Lagarde keeps options open on path for rates

  • November 29, 2022 01:12 AM AEDT | Reuters

FRANKFURT (Reuters) - European Central Bank President Christine Lagarde kept her options open as to the size and number of the ECB's future interest rate hikes on Monday, saying this will depend on a

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Euro zone credit growth remains brisk despite gloomy outlook

Euro zone credit growth remains brisk despite gloomy outlook

  • November 28, 2022 08:17 PM AEDT | Reuters

FRANKFURT (Reuters) - Bank lending to euro zone companies held steady, maintaining the sector's biggest borrowing binge in over a decade, despite rising interest rates and a looming recession,

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RPT-ANALYSIS-Investors left scratching heads as ECB bosses spar on outlook

RPT-ANALYSIS-Investors left scratching heads as ECB bosses spar on outlook

  • November 28, 2022 06:56 PM AEDT | Reuters

(Repeats Friday story without changes) * Lane and Schnabel at odds on policy, inflation * Economists says ECB has become hard to predict * Policymakers next meet on Dec. 15 By Francesco Canepa and

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