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Gold Overtakes U.S. Bonds As The World's Top Reserve Asset, ECB Says

Gold has overtaken U.S. government bonds as the world's top reserve asset, according to the European Central Bank.

ECB Leaves September Options 'Wide Open' After Rate Pause

European Central Bank President Christine Lagarde said the ECB's next rate decision in September is 'wide open'

The European Central Bank is keeping options "wide open" for September, president Christine Lagarde said, after holding interest rates steady Thursday in the wait for more evidence that inflation was on the right track.

Eurozone Inflation Eases Slightly In June

Economists surveyed by FactSet and Bloomberg had forecast that inflation would slow to 2.5 percent

The eurozone's annual rate of inflation cooled in June in line with analysts' expectations thanks to a slowdown in food and energy price rises, official data showed on Tuesday.

Christine Lagarde, president of the European Central Bank, pictured at a press conference in Frankfurt am Main, Germany, on April 11, 2024

'We Are Not Fed-dependent,' ECB Chief Says On Rate Cuts

European Central Bank president Christine Lagarde suggested Tuesday that the regulator could lower interest rates before a similar move by the US Federal Reserve, saying "we are not Fed-dependent."

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Europe's biggest economy has been slowing as inflation soars, with Russia's invasion of Ukraine sending energy and food prices through the roof

Increased Interest Rates: Why It Didn't Work For Europe

The ECB increased interest rates last week in an effort to slow the steadily increasing inflation rate in European countries.

Janelle Williams Nov 01, 2022

European Union flags flutter outside the European Central Bank (ECB) headquarters in Frankfurt

ECB Gets Ready For A Pivot On Policy Rates — What Will The Bank Of England Do?

According to some estimates, interest rate hikes can take up to 18 months to affect the economy. Thus, the ECB may want to pause and see how the recent interest rate hikes will impact the eurozone economy before its next move.

Panos Mourdoukoutas Ph.D. Oct 30, 2022

A digital euro would complement, not replace cash

Move Over, Cryptocurrencies: A Digital Euro Could Be Coming With Help From Amazon

Amazon was one of five entities selected by the European Central Bank to help it develop a potential digital euro.

Beth McKenna Sep 19, 2022

European Central Bank (ECB) headquarters building is seen in Frankfurt, Germany, March 7, 2018.

ECB President Christine Lagarde Slams Crypto, Says It Has No Value

Says central bank digital currency (CBDC) is "a different story from any of these"

Parth Dubey May 23, 2022

Christine Lagarde said 'there is no doubt' EU countries will be able to repay their debts

ECB's Lagarde Says Cancelling Covid Debts 'Unthinkable'

ECB chief Christine Lagarde rejected calls to cancel debts run up by eurozone members to buttress their economies during the COVID crisis.

AFP News Feb 07, 2021

Draghi is dubbed "Super Mario" for extricating the eurozone from its debt crisis in the last decade

Key Players Rally Behind Draghi In Italy Government Talks

Key players rally behind Draghi in Italy government talks

IBT Staff Reporter Feb 06, 2021

If Mario Draghi succeeds in building a government coalition he will then need to build a consensus how to use EU recovery funds to jump-start the economy

The Economic Challenges Facing Italy's 'Super Mario'

The economic challenges facing Italy's 'Super Mario'

IBT Staff Reporter Feb 04, 2021

Sergio Mattarella is expected to ask Mario Draghi to take over as a technocratic prime minister

Draghi Calls For 'Unity' As Tries To Form Italian Govt

Draghi calls for 'unity' as tries to form Italian govt

IBT Staff Reporter Feb 03, 2021

Former European Bank Chief Draghi Set To Lead Crisis-hit Italy

Former European bank chief Draghi set to lead crisis-hit Italy

IBT Staff Reporter Feb 02, 2021

Analysts don't expect the ECB to make any changes to interest rates or stimulus measures at their Thursday meeting

Worsening Pandemic Poses 'Serious Risks', ECB's Lagarde Warns

Worsening pandemic poses 'serious risks', ECB's Lagarde warns

IBT Staff Reporter Jan 21, 2021

A virtual euro should arrive within five years but the physical coins and notes will stay

Digital Euro Could Happen 'Within Five Years': Lagarde

Digital euro could happen 'within five years': Lagarde

AFP News Jan 13, 2021

European Central Bank chief Christine Lagarde has brought all her political and communication skills to charting a way through the coronavirus pandemic which has devastated the global economy

Pandemic Plunges Lagarde Into 'Intense' First Year At ECB

Pandemic plunges Lagarde into 'intense' first year at ECB

IBT Staff Reporter Oct 26, 2020

ECB president Christine Lagarde is confident that a deal on Brexit can be reached, but cautioned that there are "very sizeable egos" involved in the negotiations

Cryptocurrency News: Is A Digital Euro Currency A Realistic Goal?

As consumers shy away from handling cash and private crypto-currencies emerge, ECB is contemplating forming a digital euro.

Palash Ghosh Oct 21, 2020

'Crystal Clear' Brexit Deal With EU Needed: ECB Chief

'Crystal clear' Brexit deal with EU needed: ECB chief

AFP News Oct 15, 2020

Demand for so-called "junk" or non-investment grade bonds is booming

How Did Italy Raise $4.4 Billion For Free?

Italy auctioned its three-year bonds with zero coupons, i.e. they offer no interest payments to investors, in an auction on Tuesday. Why is there still a demand for this debt?

Vaibhavi Khanwalkar Oct 15, 2020