The European Central Bank is facing mounting speculation that it could intervene if French elections trigger widespread market panic, as policymakers prepare for their annual conference in Portugal next week. French bonds have been sold in recent weeks as investors fear that Marine Le Pen’s far-right Rassemblement National or the left-wing alliance Nouveau Front Popculaire … Read more
June 24, 2024 ECB designs high privacy standards to make online and offline digital payments as close as possible to cash transactions The ECB has started designing a methodology for calibrating digital euro holding limits The ECB continues to provide technical input to legislative discussions with European co-legislators The European Central Bank (ECB) today published … Read more
Stay informed with free updates Simply log in to the Foreign currency myFT Digest – delivered straight to your inbox. The euro’s share of global foreign exchange fell last year on concerns that plans to use frozen Russian assets to finance Ukraine could further erode the appeal of Europe’s single currency. Other countries cut the … Read more
The ECB cut rates by 25 basis points, signaling a moderation in monetary policy restrictions. However, Frankfurt has also made an upward revision to its inflation projections, with headline inflation now expected to average 2.5% in 2024 and 2.2% in 2025. ADVERTISEMENT The European Central Bank (ECB) cut interest rates by 25 basis points at … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. The European Central Bank has cut interest rates for the first time in almost five years, faster than its US and British counterparts, but warns that price pressures remain high. The ECB cut the deposit … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. The euro zone will get a much-needed economic boost on Thursday, when the European Central Bank is expected to cut interest rates for the first time in almost five years. The size of the boost … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. The European Central Bank has sent a clear signal that it will cut interest rates from their historic highs next week, with its chief economist dismissing fears that this would happen before the US Federal … Read more